GDI Integrated Facility Services (TSE:GDI) Shares Pass Above 50-Day Moving Average – Time to Sell?

GDI Integrated Facility Services Inc. (TSE:GDI) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$28.33 and traded as high as C$29.74. GDI Integrated Facility Services shares last traded at C$29.45, with a volume of 19,501 shares traded.

Analysts Set New Price Targets

GDI has been the topic of several recent research reports. Scotiabank cut their price objective on shares of GDI Integrated Facility Services from C$33.00 to C$32.00 in a research report on Monday, November 10th. Raymond James Financial set a C$35.00 price target on shares of GDI Integrated Facility Services and gave the company an “outperform” rating in a research note on Friday, September 19th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, GDI Integrated Facility Services has an average rating of “Moderate Buy” and a consensus price target of C$35.60.

GDI Integrated Facility Services Stock Performance

The stock has a market cap of C$692.96 million, a P/E ratio of 16.45 and a beta of 0.18. The company has a debt-to-equity ratio of 93.19, a current ratio of 1.70 and a quick ratio of 1.44. The company has a fifty day moving average of C$28.33 and a 200 day moving average of C$29.26.

GDI Integrated Facility Services (TSE:GDI) last issued its quarterly earnings results on Wednesday, November 5th. The company reported C$0.58 earnings per share (EPS) for the quarter. GDI Integrated Facility Services had a return on equity of 3.26% and a net margin of 0.59%.The company had revenue of C$615.00 million for the quarter. On average, equities analysts predict that GDI Integrated Facility Services Inc. will post 1.2993948 earnings per share for the current fiscal year.

About GDI Integrated Facility Services

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.