GDI Integrated Facility Services (TSE:GDI) Share Price Crosses Below 50-Day Moving Average of $46.91

GDI Integrated Facility Services Inc. (TSE:GDI – Get Rating) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$46.91 and traded as low as C$44.33. GDI Integrated Facility Services shares last traded at C$45.10, with a volume of 3,421 shares changing hands.

Analyst Upgrades and Downgrades

GDI has been the topic of a number of recent analyst reports. Scotiabank upped their price objective on GDI Integrated Facility Services from C$53.50 to C$54.00 in a report on Friday, March 3rd. CIBC decreased their price objective on GDI Integrated Facility Services from C$62.00 to C$60.00 and set an “outperform” rating on the stock in a report on Friday, March 3rd.

GDI Integrated Facility Services Trading Up 0.3 %

The company has a market cap of C$662.52 million, a PE ratio of 29.67 and a beta of 0.96. The company has a quick ratio of 1.44, a current ratio of 1.53 and a debt-to-equity ratio of 90.66. The business has a 50-day simple moving average of C$46.91 and a 200-day simple moving average of C$46.46.

GDI Integrated Facility Services (TSE:GDI – Get Rating) last posted its quarterly earnings data on Wednesday, March 1st. The company reported C$0.40 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.52 by C($0.12). GDI Integrated Facility Services had a return on equity of 8.68% and a net margin of 1.66%. The company had revenue of C$588.00 million for the quarter, compared to analysts’ expectations of C$567.67 million. On average, analysts predict that GDI Integrated Facility Services Inc. will post 1.7622797 EPS for the current fiscal year.

About GDI Integrated Facility Services

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GDI Integrated Facility Services Inc operates in the outsourced facility services industry. The company operates through Janitorial Canada, Janitorial USA, and Technical services segments. It offers janitorial services, such as cleaning floors, dusting desks and tables, vacuuming carpets, sanitizing kitchens and washrooms, watering plants, cleaning exterior and interior parking facilities, and removal of garbage, as well as other services, including stripping and waxing floors, carpet cleaning, heavy dust cleaning, and window cleaning.