Gale Pacific (ASX:GAP) Shares Up 1.9%

Gale Pacific Limited (ASX:GAP)’s share price shot up 1.9% during trading on Monday . The stock traded as high as A$0.28 ($0.20) and last traded at A$0.27 ($0.19), 184,099 shares changed hands during mid-day trading. The stock had previously closed at A$0.27 ($0.19).

The company has a debt-to-equity ratio of 45.18, a current ratio of 2.23 and a quick ratio of 1.22. The firm has a fifty day simple moving average of A$0.30 and a two-hundred day simple moving average of A$0.31. The firm has a market capitalization of $76.20 million and a P/E ratio of 8.44.

Gale Pacific Company Profile (ASX:GAP)

Gale Pacific Limited, together with its subsidiaries, manufactures, markets, and distributes screening, shading, and home improvement products for domestic, commercial, and industrial applications primarily in Australasia, China, the Americas, the Middle East, North Africa, and internationally. The company offers fabrics for agricultural, architectural, industrial, horticultural, mining, and construction applications under the GALE Pacific brand name; and mining and outdoor leisure and garden products, such as shade fabrics, exterior window shades, gazebos, umbrellas, shade sails, synthetic grass, weed mats, and bird net products for crop protection, irrigation, water storage, and screening applications under the Coolaroo brand name.

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