GreenFirst Forest Products (TSE:GFP) Hits New 12-Month Low – Here’s Why

GreenFirst Forest Products Inc. (TSE:GFP) shares reached a new 52-week low during trading on Monday. The company traded as low as C$1.30 and last traded at C$1.30, with a volume of 1,507 shares trading hands. The stock had previously closed at C$1.37.

GreenFirst Forest Products Stock Down 5.1%

The company has a quick ratio of 1.06, a current ratio of 2.11 and a debt-to-equity ratio of 149.36. The company has a market capitalization of C$30.11 million, a P/E ratio of -0.28 and a beta of 1.68. The company has a 50-day moving average of C$1.66 and a two-hundred day moving average of C$2.03.

GreenFirst Forest Products (TSE:GFP) last announced its quarterly earnings data on Tuesday, August 11th. The company reported C$0.24 EPS for the quarter. GreenFirst Forest Products had a negative return on equity of 184.29% and a negative net margin of 34.66%. The business had revenue of C$96.10 million during the quarter. On average, research analysts predict that GreenFirst Forest Products Inc. will post 0.05 EPS for the current year.

About GreenFirst Forest Products

GreenFirst Forest Products is a forest-first business, focused on sustainable forest management and lumber production. The Company owns four sawmills located in rich wood baskets proudly operating over six million hectares of FSC® certified public Ontario forest lands (FSC®-C167905). The Company believes that responsible forest practices, coupled with the long-term green advantage of lumber, provide GreenFirst with significant cyclical and secular advantages in building products.