GDI Integrated Facility Services (TSE:GDI) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

Shares of GDI Integrated Facility Services Inc. (TSE:GDI) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$33.37 and traded as low as C$32.37. GDI Integrated Facility Services shares last traded at C$32.47, with a volume of 5,625 shares trading hands.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Desjardins reduced their target price on GDI Integrated Facility Services from C$50.00 to C$48.00 and set a “buy” rating for the company in a report on Thursday, March 6th. TD Securities upgraded shares of GDI Integrated Facility Services from a “hold” rating to a “strong-buy” rating and lifted their target price for the company from C$40.00 to C$50.00 in a research note on Tuesday, January 28th. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$43.42.

GDI Integrated Facility Services Trading Up 0.5 %

The business has a fifty day moving average price of C$33.25 and a 200 day moving average price of C$35.26. 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 market capitalization of C$762.94 million, a price-to-earnings ratio of 50.74 and a beta of 1.03.

Insider Buying and Selling

In other GDI Integrated Facility Services news, Senior Officer Ahmed S. Boomrod sold 5,000 shares of GDI Integrated Facility Services stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of C$31.07, for a total value of C$155,350.00. 12.62% of the stock is owned by company insiders.

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.