Goodfellow (TSE:GDL) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Goodfellow Inc. (TSE:GDL – Get Free Report)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$11.37 and traded as high as C$11.51. Goodfellow shares last traded at C$11.45, with a volume of 3,846 shares changing hands.

Goodfellow Stock Performance

The company has a debt-to-equity ratio of 43.77, a quick ratio of 0.99 and a current ratio of 2.08. The stock’s 50-day simple moving average is C$11.37 and its two-hundred day simple moving average is C$11.72. The stock has a market cap of C$95.09 million, a price-to-earnings ratio of 16.36 and a beta of 0.31.

Goodfellow Company Profile

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Goodfellow is a diversified manufacturer of value-added lumber products, as well as a wholesale distributor of building materials and floor coverings. With a distribution footprint from coast-to-coast in Canada and in the Northeastern U.S., Goodfellow effectively serves commercial and residential sectors through lumber yard retailer networks, manufacturers, industrial and infrastructure project partners, and floor covering specialists. Goodfellow also leverages its value-added product capabilities to serve lumber markets internationally.

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