Insider Selling: GFL Environmental Inc. (TSE:GFL) Director Sells C$352,018.55 in Stock

GFL Environmental Inc. (TSE:GFL) Director Patrick Joseph Dovigi sold 8,820 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of C$39.91, for a total transaction of C$352,018.55.

Patrick Joseph Dovigi also recently made the following trade(s):

• On Friday, August 9th, Patrick Joseph Dovigi sold 291,180 shares of GFL Environmental stock. The shares were sold at an average price of C$39.65, for a total value of C$11,545,287.00.

GFL Environmental Stock Performance

Shares of GFL Environmental stock opened at C$56.45 on Friday. The company’s 50 day moving average price is C$53.39 and its two-hundred day moving average price is C$48.78. The firm has a market capitalization of C$20.59 billion, a P/E ratio of -344.92, a P/E/G ratio of -0.76 and a beta of 1.20. GFL Environmental Inc. has a fifty-two week low of C$36.56 and a fifty-two week high of C$57.10. The company has a debt-to-equity ratio of 130.18, a current ratio of 0.84 and a quick ratio of 0.57.

GFL Environmental Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Investors of record on Monday, July 15th were issued a dividend of $0.019 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.13%. The ex-dividend date of this dividend was Monday, July 15th.

Analysts Set New Price Targets

Separately, BMO Capital Markets downgraded GFL Environmental from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 9th.

About GFL Environmental

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.