GDI Integrated Facility Services (TSE:GDI) Stock Price Passes Above Fifty Day Moving Average – Here’s Why

Posted by Scott Moore on Nov 14th, 2024

Shares of GDI Integrated Facility Services Inc. (TSE:GDI – Get Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$35.96 and traded as high as C$36.95. GDI Integrated Facility Services shares last traded at C$36.93, with a volume of 5,695 shares.

Wall Street Analyst Weigh In

GDI has been the topic of several research reports. National Bankshares cut their price objective on GDI Integrated Facility Services from C$41.50 to C$38.50 in a research report on Thursday, August 8th. Cormark lowered their target price on shares of GDI Integrated Facility Services from C$40.00 to C$39.00 in a research note on Friday, August 9th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of C$42.25.

View Our Latest Research Report on GDI Integrated Facility Services

GDI Integrated Facility Services Price Performance

The firm has a 50-day simple moving average of C$35.96 and a two-hundred day simple moving average of C$34.77. The company has a market capitalization of C$544.35 million, a price-to-earnings ratio of 53.52 and a beta of 1.03. The company has a current ratio of 1.75, a quick ratio of 1.44 and a debt-to-equity ratio of 104.15.

GDI Integrated Facility Services Company Profile

(Get Free Report)

GDI Integrated Facility Services Inc, together with its subsidiaries, operates in the outsourced facility services industry in Canada and the United States. The company operates through Business Services Canada, Business Services USA, Technical Services, and Corporate and Other segments. It offers cleaning services, such as floor cleaning and finishing, window washing, furniture polishing, vacuuming, carpet cleaning, washing walls and glass, shampooing rugs, removing trash and debris, and dusting, as well as other building services, including lawn maintenance, snow removal, and others.