GFL Environmental Inc. (TSE:GFL) Director Sells C$11,545,287.00 in Stock
GFL Environmental Inc. director sells C$11,545,287.00 in stock. The company offers non-hazardous solid waste management and environmental services in Canada and the United States. It recently declared a quarterly dividend and had its rating downgraded by BMO Capital Markets. The stock has a market capitalization of C$19.81 billion.
GFL Environmental Inc. (TSE:GFL - Get Free Report) Director Patrick Joseph Dovigi sold 291,180 shares of the stock in a transaction on Friday, August 9th. The stock was sold at an average price of C$39.65, for a total value of C$11,545,287.00.
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GFL Environmental Stock Performance
Shares of TSE:GFL opened at C$54.33 on Friday. GFL Environmental Inc. has a 1 year low of C$36.56 and a 1 year high of C$56.41. The company has a debt-to-equity ratio of 130.18, a current ratio of 0.84 and a quick ratio of 0.57. The company's 50 day simple moving average is C$52.64 and its 200 day simple moving average is C$48.37. The stock has a market capitalization of C$19.81 billion, a price-to-earnings ratio of -344.92, a price-to-earnings-growth ratio of -0.76 and a beta of 1.20.
GFL Environmental Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Monday, July 15th were issued a dividend of $0.019 per share. The ex-dividend date was Monday, July 15th. This represents a $0.08 dividend on an annualized basis and a yield of 0.14%.
Analysts Set New Price Targets
Separately, BMO Capital Markets downgraded GFL Environmental from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 9th.
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GFL Environmental Company Profile
(Get Free Report)GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.
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