GDI Integrated Facility Services (TSE:GDI) Reaches New 52-Week High – Here’s Why

GDI Integrated Facility Services Inc. (TSE:GDI) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$36.60 and last traded at C$36.55, with a volume of 133779 shares. The stock had previously closed at C$36.55.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Scotiabank decreased their target price on shares of GDI Integrated Facility Services from C$33.00 to C$32.00 in a report on Monday, November 10th. TD Securities downgraded shares of GDI Integrated Facility Services from a “hold” rating to a “sell” rating and upped their price target for the company from C$31.00 to C$36.60 in a research report on Tuesday, December 30th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of C$36.92.

GDI Integrated Facility Services Price Performance

The business’s 50 day simple moving average is C$36.07 and its 200-day simple moving average is C$30.79. The company has a debt-to-equity ratio of 93.19, a quick ratio of 1.44 and a current ratio of 1.70. The company has a market cap of C$860.53 million, a price-to-earnings ratio of 20.42 and a beta of 0.08.

GDI Integrated Facility Services Company Profile

GDI is a leading integrated commercial facility services provider which offers a range of services in Canada and the United States to owners and managers of a variety of facility types including office buildings, educational facilities, distribution centers, industrial facilities, healthcare establishments, stadiums and event venues, hotels, shopping centres, airports and other transportation facilities. GDI’s commercial facility services capabilities include commercial janitorial and building maintenance, energy advisory and system optimization, the installation, maintenance and repair of HVAC-R, mechanical, electrical and building automation systems, as well as other complementary services such as janitorial products manufacturing.