Gatekeeper Systems (CVE:GSI) Trading 8.1% Higher – What’s Next?

Gatekeeper Systems Inc. (CVE:GSI) shares rose 8.1% on Friday . The company traded as high as C$1.81 and last traded at C$1.74. Approximately 132,418 shares were traded during trading, a decline of 27% from the average daily volume of 181,364 shares. The stock had previously closed at C$1.61.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Raymond James Financial set a C$3.00 price objective on shares of Gatekeeper Systems and gave the stock an “outperform” rating in a report on Tuesday, December 16th. Canaccord Genuity Group raised Gatekeeper Systems to a “moderate buy” rating in a research report on Tuesday, January 13th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of C$3.00.

Gatekeeper Systems Price Performance

The company’s 50-day simple moving average is C$1.97 and its 200 day simple moving average is C$1.96. The company has a market cap of C$187.71 million, a PE ratio of -56.67 and a beta of 1.85. The company has a debt-to-equity ratio of 4.97, a quick ratio of 0.95 and a current ratio of 8.05.

About Gatekeeper Systems

Gatekeeper Systems Inc designs, manufactures, markets, and sells video security solutions for mobile and extreme environments in Canada and the United States. The company offers interior and exterior cameras, and mobile data collectors; G4 Viewer that revolutionizes video management for fleet monitoring; AI Dash Cam, an AI-based dash cam that offers driver status monitor and advanced driver assistance systems; wireless systems, such as access points, mobile wireless modules, mobile Wi-Fi systems, and yard guards; and CLARITY, an integrated video and passenger counting school bus operating platform.