Goodfellow (TSE:GDL) Stock Crosses Below 50-Day Moving Average – Time to Sell?

Goodfellow Inc. (TSE:GDL)’s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$11.69 and traded as low as C$11.60. Goodfellow shares last traded at C$11.61, with a volume of 201 shares.

Goodfellow Stock Up 0.1%

The company’s 50 day moving average price is C$11.69 and its two-hundred day moving average price is C$11.91. The company has a current ratio of 2.31, a quick ratio of 0.99 and a debt-to-equity ratio of 31.81. The stock has a market cap of C$96.56 million, a P/E ratio of 15.69 and a beta of 0.32.

Goodfellow (TSE:GDL) last posted its quarterly earnings data on Wednesday, April 8th. The company reported C($0.36) EPS for the quarter. The company had revenue of C$108.73 million during the quarter. Goodfellow had a return on equity of 3.05% and a net margin of 1.16%.

Goodfellow Company Profile

Goodfellow Inc is engaged in remanufacturers and distributors of lumber products and hardwood flooring products. It is engaged in the domestic and export sales of wholesale distribution of wood products, and remanufacturing, distribution and brokerage of lumber. Goodfellow offers products, including decking, flooring, lumber, insulation and soundproofing, panels, siding, and specialty and commodity panels. Goodfellow represents three main sectors – retail trade, industrial, and manufacturing. The company manages its operations under one operating segment.