GDI Integrated Facility Services (TSE:GDI) Stock Price Passes Above Fifty Day Moving Average - What's Next?

GDI Integrated Facility Services Inc. (TSE:GDI - Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$31.66 and traded as high as C$32.00. GDI Integrated Facility Services shares last traded at C$31.85, with a volume of 6,727 shares traded.

Wall Street Analysts Forecast Growth

GDI has been the subject of a number of recent analyst reports. TD Securities raised GDI Integrated Facility Services from a "hold" rating to a "strong-buy" rating and upped their price target for the company from C$40.00 to C$50.00 in a research note on Tuesday, January 28th. Desjardins lowered their target price on shares of 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 equities 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 stock. According to data from MarketBeat.com, GDI Integrated Facility Services presently has an average rating of "Moderate Buy" and a consensus price target of C$43.42.

GDI Integrated Facility Services Trading Up 0.5 %

The company has a quick ratio of 1.44, a current ratio of 1.70 and a debt-to-equity ratio of 93.19. The firm has a market capitalization of C$762.70 million, a price-to-earnings ratio of 50.72 and a beta of 1.03. The business's fifty day moving average is C$31.62 and its 200 day moving average is C$34.44.

Insiders Place Their Bets

In related news, Senior Officer Ahmed S. Boomrod sold 5,000 shares of GDI Integrated Facility Services stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of C$31.07, for a total transaction 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.