GDI Integrated Facility Services (TSE:GDI) Stock Passes Above 50-Day Moving Average – Time to Sell?

GDI Integrated Facility Services Inc. (TSE:GDI) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$28.33 and traded as high as C$29.74. GDI Integrated Facility Services shares last traded at C$29.45, with a volume of 19,501 shares.

Analyst Ratings Changes

Several brokerages have recently issued reports on GDI. Raymond James Financial set a C$35.00 price objective on GDI Integrated Facility Services and gave the company an “outperform” rating in a research note on Friday, September 19th. Scotiabank reduced 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. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, GDI Integrated Facility Services presently has a consensus rating of “Moderate Buy” and an average price target of C$35.60.

GDI Integrated Facility Services Trading Up 1.9%

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 firm has a market cap of C$692.96 million, a PE ratio of 16.45 and a beta of 0.18. The business has a fifty day moving average price of C$28.33 and a 200 day moving average price of C$29.29.

GDI Integrated Facility Services (TSE:GDI) last announced its quarterly earnings results on Wednesday, November 5th. The company reported C$0.58 earnings per share (EPS) for the quarter. GDI Integrated Facility Services had a return on equity of 3.26% and a net margin of 0.59%.The firm had revenue of C$615.00 million during the quarter. Analysts forecast that GDI Integrated Facility Services Inc. will post 1.2993948 EPS for the current year.

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.