GDI Integrated Facility Services (TSE:GDI) Hits New 12-Month Low - What's Next?

Key Points

• Shares of GDI Integrated Facility Services hit a new 52-week low, trading as low as C$29.34 and closing at C$29.68.
• Research firms are adjusting their target prices, with TD Securities lowering its target from C$50.00 to C$47.00, while Scotiabank raised its target from C$41.00 to C$42.00.
• GDI's market capitalization stands at C$697.63 million, with a price-to-earnings ratio of 46.39 and a significant debt-to-equity ratio of 93.19.

Shares of GDI Integrated Facility Services Inc. (TSE:GDI - Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as C$29.34 and last traded at C$29.68, with a volume of 24848 shares trading hands. The stock had previously closed at C$33.78.

Wall Street Analyst Weigh In

A number of research firms have commented on GDI. TD Securities cut their target price on shares of GDI Integrated Facility Services from C$50.00 to C$47.00 and set a "buy" rating on the stock in a research report on Monday, May 12th. Scotiabank boosted their price objective on shares of GDI Integrated Facility Services from C$41.00 to C$42.00 in a research note on Monday, May 12th.

GDI Integrated Facility Services Price Performance

The company has a market capitalization of C$697.63 million, a price-to-earnings ratio of 46.39 and a beta of 1.03. The stock has a fifty day simple moving average of C$32.20 and a 200-day simple moving average of C$32.60. The company has a debt-to-equity ratio of 93.19, a current ratio of 1.70 and a quick ratio of 1.44.

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.

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