GFL Environmental Inc. (TSE:GFL) Senior Officer Jonathan Lucas (Luke) Pelosi Sells 62,872 Shares

GFL Environmental Inc. (TSE:GFL) Senior Officer Jonathan Lucas (Luke) Pelosi sold 62,872 shares of the firm’s stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of C$44.92, for a total value of C$2,824,210.24.

GFL Environmental Stock Down 2.3 %

TSE:GFL traded down C$1.07 during mid-day trading on Wednesday, hitting C$44.84. The company had a trading volume of 207,266 shares, compared to its average volume of 228,883. The business has a fifty day simple moving average of C$46.39 and a 200-day simple moving average of C$44.39. The company has a current ratio of 0.84, a quick ratio of 0.57 and a debt-to-equity ratio of 130.18. GFL Environmental Inc. has a 1 year low of C$36.56 and a 1 year high of C$51.83. The firm has a market capitalization of C$16.35 billion, a price-to-earnings ratio of -344.92, a PEG ratio of -0.76 and a beta of 1.18.

GFL Environmental (TSE:GFL) last released its quarterly earnings data on Tuesday, February 20th. The company reported C$0.05 EPS for the quarter, missing the consensus estimate of C$0.24 by C($0.19). GFL Environmental had a net margin of 1.22% and a return on equity of 1.02%. The company had revenue of C$1.88 billion during the quarter, compared to analysts’ expectations of C$1.85 billion. Equities analysts forecast that GFL Environmental Inc. will post 1.2105832 earnings per share for the current fiscal year.

GFL Environmental Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th were given a dividend of $0.019 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.17%. This is a positive change from GFL Environmental’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Friday, April 12th.

GFL Environmental Company Profile

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.