GDI Integrated Facility Services (TSE:GDI) Shares Cross Below Fifty Day Moving Average - What's Next?

GDI Integrated Facility Services Inc. (TSE:GDI - Get Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$31.97 and traded as low as C$31.00. GDI Integrated Facility Services shares last traded at C$31.00, with a volume of 4,990 shares.

Analyst Ratings Changes

A number of research firms have recently issued reports on GDI. TD Securities upgraded shares of GDI Integrated Facility Services from a "hold" rating to a "strong-buy" rating and lifted their price target for the company from C$40.00 to C$50.00 in a research report on Tuesday, January 28th. Desjardins dropped their price target on GDI Integrated Facility Services from C$50.00 to C$48.00 and set a "buy" rating for the company in a research note on Thursday, March 6th. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, GDI Integrated Facility Services presently has an average rating of "Moderate Buy" and an average target price of C$43.42.

GDI Integrated Facility Services Trading Up 3.7 %

The firm's 50 day simple moving average is C$31.73 and its two-hundred day simple moving average is C$34.53. The stock has a market cap of C$748.64 million, a P/E ratio of 49.78 and a beta of 1.03. The company has a quick ratio of 1.44, a current ratio of 1.70 and a debt-to-equity ratio of 93.19.

Insider Transactions at GDI Integrated Facility Services

In other GDI Integrated Facility Services news, Senior Officer Ahmed S. Boomrod sold 5,000 shares of the company's stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of C$31.07, for a total value of C$155,350.00. Insiders own 12.62% of the company's stock.

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.