GDI Integrated Facility Services (TSE:GDI) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

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$32.09 and traded as high as C$36.36. GDI Integrated Facility Services shares last traded at C$36.30, with a volume of 101,972 shares.

Wall Street Analyst Weigh In

GDI has been the topic of a number of recent analyst reports. Scotiabank lowered their price target on shares of GDI Integrated Facility Services from C$33.00 to C$32.00 in a report on Monday, November 10th. TD Securities lowered shares of GDI Integrated Facility Services from a “hold” rating to a “sell” rating and upped their target price for the stock from C$31.00 to C$36.60 in a report on Tuesday, December 30th. Two 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’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of C$36.92.

GDI Integrated Facility Services Stock Up 0.1%

The company has a debt-to-equity ratio of 93.19, a current ratio of 1.70 and a quick ratio of 1.44. The company has a fifty day moving average price of C$32.09 and a 200 day moving average price of C$30.01. The company has a market cap of C$854.14 million, a PE ratio of 20.28 and a beta of 0.15.

GDI Integrated Facility Services (TSE:GDI) last announced its 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 net margin of 0.59% and a return on equity of 3.26%. The business had revenue of C$615.00 million during the quarter. As a group, analysts anticipate that GDI Integrated Facility Services Inc. will post 1.2993948 EPS for the current year.

About GDI Integrated Facility Services

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.