GreenFirst Forest Products (TSE:GFP) Trading Down 2.7%

Shares of GreenFirst Forest Products Inc. (TSE:GFP) fell 2.7% during trading on Thursday . The company traded as low as C$0.71 and last traded at C$0.72. 25,500 shares were traded during trading, a decline of 38% from the average session volume of 41,280 shares. The stock had previously closed at C$0.74.

GreenFirst Forest Products Stock Down 5.6 %

The company’s 50-day moving average is C$0.76 and its 200 day moving average is C$0.87. The company has a market capitalization of C$120.75 million, a PE ratio of -2.52 and a beta of 0.77. The company has a debt-to-equity ratio of 13.83, a quick ratio of 1.06 and a current ratio of 1.98.

GreenFirst Forest Products (TSE:GFP) last posted its earnings results on Thursday, March 14th. The company reported C($0.12) earnings per share (EPS) for the quarter. The business had revenue of C$103.17 million for the quarter. GreenFirst Forest Products had a negative net margin of 11.48% and a negative return on equity of 23.82%. As a group, analysts anticipate that GreenFirst Forest Products Inc. will post 0.05 EPS for the current year.

Insider Activity at GreenFirst Forest Products

In other news, Director Michael Clark Mitchell purchased 190,000 shares of the company’s stock in a transaction dated Tuesday, March 19th. The shares were acquired at an average cost of C$0.57 per share, for a total transaction of C$108,300.00. 32.02% of the stock is currently owned by company insiders.

GreenFirst Forest Products Company Profile

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.