Gibson Energy (OTCMKTS:GBNXF) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Gibson Energy Inc. (OTCMKTS:GBNXF)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $20.88 and traded as high as $21.29. Gibson Energy shares last traded at $21.29, with a volume of 350 shares traded.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Raymond James Financial lowered shares of Gibson Energy from a “strong-buy” rating to an “outperform” rating in a research report on Wednesday, February 18th. Zacks Research raised shares of Gibson Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, March 9th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Gibson Energy in a research report on Tuesday, May 26th. TD Securities raised shares of Gibson Energy from a “hold” rating to a “buy” rating in a research report on Tuesday, May 26th. Finally, BMO Capital Markets reissued a “market perform” rating on shares of Gibson Energy in a research report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Gibson Energy currently has a consensus rating of “Moderate Buy”.

Gibson Energy Price Performance

The company has a debt-to-equity ratio of 2.73, a quick ratio of 0.87 and a current ratio of 1.17. The firm has a market capitalization of $3.67 billion, a P/E ratio of 33.27 and a beta of 0.62. The stock’s 50 day simple moving average is $20.88 and its 200 day simple moving average is $20.14.

Gibson Energy (OTCMKTS:GBNXF) last issued its earnings results on Monday, May 4th. The company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.21). The company had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $2.09 billion. Gibson Energy had a return on equity of 16.57% and a net margin of 1.36%. As a group, analysts expect that Gibson Energy Inc. will post 0.71 earnings per share for the current fiscal year.

Gibson Energy Company Profile

Gibson Energy is a midstream energy services company headquartered in Calgary, Alberta, that provides crude oil, natural gas liquids (NGL) and refined products storage, terminalling, processing and transportation. With a network of terminals, pipelines, truck racks and processing facilities, the company serves producers, refiners, marketers and other midstream operators across Western Canada and parts of the U.S. Its comprehensive offerings include product handling, blending, distribution and marketing services tailored to meet fluctuating energy market demands.

Gibson Energy’s infrastructure portfolio includes crude oil and refined product terminals, an NGL fractionation facility and bulk storage sites strategically located near key supply basins such as the Alberta oil sands region and the U.S.