GDI Integrated Facility Services (TSE:GDI) Stock Price Crosses Above Fifty Day Moving Average - Here's What Happened

GDI Integrated Facility Services Inc. (TSE:GDI - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$32.38 and traded as high as C$32.60. GDI Integrated Facility Services shares last traded at C$32.05, with a volume of 787 shares changing hands.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Scotiabank upped their target price on shares of GDI Integrated Facility Services from C$41.00 to C$42.00 in a research report on Monday, May 12th. TD Securities reduced their price objective 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.

GDI Integrated Facility Services Stock Performance

The stock has a market cap of C$763.89 million, a P/E ratio of 50.80 and a beta of 1.03. The business has a 50 day moving average price of C$32.38 and a 200 day moving average price of C$33.36. The company has a quick ratio of 1.44, a current ratio of 1.70 and a debt-to-equity ratio of 93.19.

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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