Gatekeeper Systems (CVE:GSI) Trading Down 2.1% - Here's What Happened

Key Points

• Shares of Gatekeeper Systems fell 2.1% to C$1.39 (intraday low C$1.36) on Monday, with trading volume of ~65,341 shares, down about 54% from the average daily volume.
• Canaccord Genuity upgraded the stock to a "moderate buy"; the consensus from two analysts is an overall Buy rating with an average price target of C$3.00.
• Key fundamentals show a market cap of C$153.48M, a negative P/E of -27.80 and a debt-to-equity ratio of 2.65, while the 50-day SMA (C$1.35) sits below the 200-day SMA (C$1.84), indicating recent technical weakness.

Gatekeeper Systems Inc. (CVE:GSI - Get Free Report) shares were down 2.1% during trading on Monday . The stock traded as low as C$1.36 and last traded at C$1.39. Approximately 65,341 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 143,485 shares. The stock had previously closed at C$1.42.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group raised shares of Gatekeeper Systems to a "moderate buy" rating in a research note on Tuesday, January 13th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of "Buy" and an average price target of C$3.00.

Gatekeeper Systems Stock Performance

The stock's fifty day simple moving average is C$1.35 and its two-hundred day simple moving average is C$1.84. The company has a market cap of C$153.48 million, a price-to-earnings ratio of -27.80 and a beta of 2.03. The company has a debt-to-equity ratio of 2.65, a quick ratio of 0.95 and a current ratio of 10.04.

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.

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