GDI Integrated Facility Services (TSE:GDI) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

GDI Integrated Facility Services Inc. (TSE:GDI)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$27.92 and traded as high as C$29.00. GDI Integrated Facility Services shares last traded at C$29.00, with a volume of 5,031 shares changing hands.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on GDI shares. TD Securities downgraded GDI Integrated Facility Services from a “buy” rating to a “hold” rating and decreased their price objective for the company from C$47.00 to C$30.00 in a report on Monday, August 11th. National Bankshares lowered their price objective on shares of GDI Integrated Facility Services from C$41.50 to C$33.00 and set a “sector perform” rating on the stock in a report on Monday, August 11th. Finally, Raymond James Financial set a C$35.00 price objective on shares of GDI Integrated Facility Services and gave the company an “outperform” rating in a research note on Friday, September 19th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$37.60.

GDI Integrated Facility Services Price Performance

The company has a current ratio of 1.70, a quick ratio of 1.44 and a debt-to-equity ratio of 93.19. The business has a 50-day moving average of C$27.92 and a 200 day moving average of C$30.19. The firm has a market capitalization of C$682.37 million, a PE ratio of 19.46 and a beta of 0.20.

GDI Integrated Facility Services Company Profile

GDI Integrated Facility Services Inc is engaged in the facility services sector. The company’s operating segment includes Janitorial Canada, Janitorial USA, Technical services and Complementary Services. It generates maximum revenue from the Janitorial Canada segment. The Janitorial Canada and Janitorial USA segments provide a wide range of basic janitorial services, such as floor cleaning and finishing, window washing, furniture polishing, carpet cleaning, and dusting, as well as other building services including lawn maintenance, snow removal and other.