GreenFirst Forest Products (TSE:GFP) Shares Down 1.1% – What’s Next?

GreenFirst Forest Products Inc. (TSE:GFP)’s share price fell 1.1% during mid-day trading on Monday . The company traded as low as C$4.31 and last traded at C$4.60. 2,892 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 7,592 shares. The stock had previously closed at C$4.65.

GreenFirst Forest Products Stock Down 1.1 %

The company has a market capitalization of C$816.82 million, a PE ratio of -1.77 and a beta of 1.17. The company has a debt-to-equity ratio of 33.15, a quick ratio of 1.06 and a current ratio of 2.03. The company’s 50-day moving average is C$5.37 and its 200 day moving average is C$3.48.

GreenFirst Forest Products (TSE:GFP) last posted its quarterly earnings results on Tuesday, November 12th. The company reported C$0.08 EPS for the quarter. GreenFirst Forest Products had a negative net margin of 12.12% and a negative return on equity of 26.52%. As a group, analysts anticipate that GreenFirst Forest Products Inc. will post 0.05 EPS for the current year.

Insider Transactions at GreenFirst Forest Products

In related news, Director Michael Clark Mitchell purchased 10,000 shares of GreenFirst Forest Products stock in a transaction dated Thursday, December 5th. The stock was purchased at an average cost of C$5.54 per share, for a total transaction of C$55,413.00. Company insiders own 32.02% of the company’s stock.

About GreenFirst Forest Products

GreenFirst Forest Products Inc engages in the manufacture and sale of forest products in Canada, and the United States. It operates in two segments, Forest Products and Paper Products. The Forest Products segment manufactures and markets a range of spruce-pine-fir lumber, wood chips, and other by-products for use in residential and multi-family homes, light industrial and commercial facilities, and the home repair and remodel markets.