GDI Integrated Facility Services (TSE:GDI) Stock Price Passes Above 50 Day Moving Average – What’s Next?

Shares of GDI Integrated Facility Services Inc. (TSE:GDI) passed above its 50 day moving average during trading on Friday . The stock has a 50 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.

Analysts Set New Price Targets

A number of brokerages have issued reports on GDI. 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 report on Friday, September 19th. TD Securities cut shares of GDI Integrated Facility Services from a “buy” rating to a “hold” rating and cut their target price for the company from C$47.00 to C$30.00 in a research note on Monday, August 11th. Finally, National Bankshares reduced their price target 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. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, GDI Integrated Facility Services has a consensus rating of “Moderate Buy” and a consensus price target of C$37.60.

GDI Integrated Facility Services Stock Up 0.1%

The firm has a market cap of C$682.37 million, a P/E ratio of 19.46 and a beta of 0.20. The company’s 50-day simple moving average is C$27.92 and its 200 day simple moving average is C$30.19. The company has a debt-to-equity ratio of 93.19, a current ratio of 1.70 and a quick ratio of 1.44.

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.