GDI Integrated Facility Services Inc. (TSE:GDI - Get Free Report) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$31.86 and traded as low as C$31.65. GDI Integrated Facility Services shares last traded at C$33.28, with a volume of 24,560 shares changing hands.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on GDI. Desjardins lowered their price target 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 report on Thursday, March 6th. TD Securities decreased their price objective on 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. Finally, Scotiabank boosted their target price on GDI Integrated Facility Services from C$41.00 to C$42.00 in a research report on Monday, May 12th.
View Our Latest Stock Report on GDI
GDI Integrated Facility Services Stock Performance
The company has a debt-to-equity ratio of 93.19, a quick ratio of 1.44 and a current ratio of 1.70. The company has a market cap of C$793.21 million, a price-to-earnings ratio of 52.75 and a beta of 1.03. The firm's 50-day moving average price is C$31.86 and its 200 day moving average price is C$34.29.
Insiders Place Their Bets
In other GDI Integrated Facility Services news, Senior Officer Ahmed S. Boomrod sold 5,000 shares of the stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of C$31.07, for a total value of C$155,350.00. Company insiders own 12.62% of the company's stock.
About GDI Integrated Facility Services
(
Get Free Report)
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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