GDI Integrated Facility Services (TSE:GDI) Stock Passes Below Fifty Day Moving Average of $35.33

GDI Integrated Facility Services Inc. (TSE:GDI)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$35.33 and traded as low as C$31.51. GDI Integrated Facility Services shares last traded at C$31.60, with a volume of 13,067 shares traded.

Analysts Set New Price Targets

Several research firms have commented on GDI. Scotiabank dropped their price target on shares of GDI Integrated Facility Services from C$45.50 to C$44.00 and set a “sector perform” rating for the company in a research note on Monday, May 13th. Desjardins boosted their price target on shares of GDI Integrated Facility Services from C$52.00 to C$53.00 and gave the stock a “buy” rating in a research note on Monday, May 13th. TD Securities dropped their price target on shares of GDI Integrated Facility Services from C$45.00 to C$41.00 and set a “hold” rating for the company in a research note on Friday, March 1st. National Bank Financial downgraded shares of GDI Integrated Facility Services from an “outperfrom under weight” rating to a “sector perform under weight” rating in a research note on Thursday, February 29th. Finally, National Bankshares boosted their target price on shares of GDI Integrated Facility Services from C$40.50 to C$41.50 and gave the stock a “sector perform” rating in a research note on Tuesday, May 14th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of C$42.92.

GDI Integrated Facility Services Stock Down 4.9 %

The company has a debt-to-equity ratio of 98.68, a current ratio of 1.49 and a quick ratio of 1.44. The company has a market cap of C$465.78 million, a price-to-earnings ratio of 47.88 and a beta of 1.00. The firm’s 50 day simple moving average is C$35.33 and its 200-day simple moving average is C$36.90.

GDI Integrated Facility Services (TSE:GDI) last released its quarterly earnings data on Thursday, May 9th. The company reported C$0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.14 by C($0.12). GDI Integrated Facility Services had a net margin of 0.60% and a return on equity of 3.34%. The company had revenue of C$644.00 million during the quarter, compared to analyst estimates of C$617.40 million. As a group, sell-side analysts anticipate that GDI Integrated Facility Services Inc. will post 0.9526316 earnings per share for the current year.

About GDI Integrated Facility Services

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.