GDI Integrated Facility Services (TSE:GDI) Stock Price Crosses Below 50 Day Moving Average of $44.61

GDI Integrated Facility Services Inc. (TSE:GDI – Get Rating) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$44.61 and traded as low as C$44.16. GDI Integrated Facility Services shares last traded at C$45.01, with a volume of 22,091 shares traded.

Analysts Set New Price Targets

Several research firms have recently issued reports on GDI. Scotiabank increased their target price on GDI Integrated Facility Services from C$53.50 to C$54.00 in a report on Friday, March 3rd. CIBC reduced their target price on GDI Integrated Facility Services from C$62.00 to C$60.00 and set an “outperform” rating on the stock in a report on Friday, March 3rd.

GDI Integrated Facility Services Stock Up 1.4 %

The firm has a 50 day moving average of C$44.61 and a two-hundred day moving average of C$46.21. The firm has a market capitalization of C$661.20 million, a price-to-earnings ratio of 28.67 and a beta of 0.97. The company has a quick ratio of 1.44, a current ratio of 1.53 and a debt-to-equity ratio of 90.66.

GDI Integrated Facility Services (TSE:GDI – Get Rating) last released its quarterly earnings data on Thursday, May 11th. The company reported C$0.15 earnings per share for the quarter, missing the consensus estimate of C$0.16 by C($0.01). The business had revenue of C$591.00 million during the quarter, compared to analyst estimates of C$529.43 million. GDI Integrated Facility Services had a net margin of 1.66% and a return on equity of 8.68%. As a group, sell-side analysts anticipate that GDI Integrated Facility Services Inc. will post 1.5242908 EPS for the current fiscal year.

About GDI Integrated Facility Services

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GDI Integrated Facility Services Inc operates in the outsourced facility services industry. The company operates through Janitorial Canada, Janitorial USA, and Technical services segments. It offers janitorial services, such as cleaning floors, dusting desks and tables, vacuuming carpets, sanitizing kitchens and washrooms, watering plants, cleaning exterior and interior parking facilities, and removal of garbage, as well as other services, including stripping and waxing floors, carpet cleaning, heavy dust cleaning, and window cleaning.