GFL Environmental Inc. (TSE:GFL – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of C$60.82 and traded as low as C$57.70. GFL Environmental shares last traded at C$60.15, with a volume of 3,959,756 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Barclays upgraded shares of GFL Environmental to a “strong-buy” rating in a research report on Wednesday, September 2nd. Three investment analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, GFL Environmental has a consensus rating of “Strong Buy”.
Read Our Latest Analysis on GFL
GFL Environmental Trading Down 7.2%
The company has a quick ratio of 0.57, a current ratio of 0.93 and a debt-to-equity ratio of 105.56. The firm has a market cap of C$26.23 billion, a price-to-earnings ratio of -64.68, a price-to-earnings-growth ratio of -0.76 and a beta of -0.13. The business has a 50 day moving average of C$60.82 and a 200 day moving average of C$56.83.
GFL Environmental (TSE:GFL – Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The company reported C$0.37 EPS for the quarter. GFL Environmental had a negative return on equity of 4.32% and a negative net margin of 4.89%. The firm had revenue of C$2.16 billion during the quarter. On average, research analysts forecast that GFL Environmental Inc. will post 1.69 earnings per share for the current fiscal year.
GFL Environmental Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Friday, October 30th were paid a dividend of $0.0169 per share. This represents a $0.07 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Wednesday, October 14th. GFL Environmental’s dividend payout ratio (DPR) is currently -9.60%.
GFL Environmental Company Profile
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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