GFL Environmental (TSE:GFL) Stock Price Up 2.3% – Should You Buy?

GFL Environmental Inc. (TSE:GFLGet Free Report)’s share price traded up 2.3% during mid-day trading on Tuesday . The stock traded as high as C$59.87 and last traded at C$59.23. Approximately 909,150 shares changed hands during mid-day trading, an increase of 44% from the average session volume of 633,152 shares. The stock had previously closed at C$57.89.

GFL Environmental Trading Up 2.3%

The business has a 50-day moving average price of C$52.96 and a 200-day moving average price of C$55.42. The company has a quick ratio of 0.57, a current ratio of 0.75 and a debt-to-equity ratio of 137.83. The firm has a market capitalization of C$21.38 billion, a P/E ratio of -120.88, a PEG ratio of -0.76 and a beta of 0.07.

GFL Environmental (TSE:GFLGet Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported C$0.19 earnings per share for the quarter. GFL Environmental had a negative return on equity of 3.32% and a negative net margin of 3.26%.The firm had revenue of C$1.95 billion during the quarter. Analysts anticipate that GFL Environmental Inc. will post 1.6870788 earnings per share for the current year.

GFL Environmental Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Friday, July 31st were given a dividend of $0.0169 per share. This represents a $0.07 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, July 13th. GFL Environmental’s dividend payout ratio is -17.74%.

About GFL Environmental

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GFL is the fourth largest diversified environmental services company in North America, providing comprehensive solid waste management services from its platform of facilities throughout Canada and 18 U.S. states. GFL has a workforce of more than 15,000 employees across its organization.

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