Gibson Energy Inc. (TSE:GEI) Senior Officer Buys C$187,790.00 in Stock

Gibson Energy Inc. (TSE:GEI) Senior Officer Riley Hicks purchased 8,900 shares of the company’s stock in a transaction on Friday, February 21st. The shares were bought at an average price of C$21.10 per share, for a total transaction of C$187,790.00.

Gibson Energy Trading Up 0.0 %

Shares of TSE:GEI traded up C$0.01 during midday trading on Friday, hitting C$21.15. 300,044 shares of the stock traded hands, compared to its average volume of 740,439. The company has a quick ratio of 0.87, a current ratio of 0.70 and a debt-to-equity ratio of 278.33. Gibson Energy Inc. has a one year low of C$20.83 and a one year high of C$26.10. The business’s 50 day moving average is C$24.64 and its two-hundred day moving average is C$23.40. The stock has a market capitalization of C$3.45 billion, a PE ratio of 16.31, a P/E/G ratio of 1.85 and a beta of 1.25.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on GEI shares. National Bank Financial lowered shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Royal Bank of Canada cut their price target on Gibson Energy from C$28.00 to C$26.00 and set an “outperform” rating for the company in a report on Thursday. Wells Fargo & Company cut Gibson Energy from an “overweight” rating to an “equal weight” rating in a report on Wednesday, December 18th. Raymond James lowered their price objective on shares of Gibson Energy from C$30.50 to C$29.50 and set a “strong-buy” rating for the company in a research report on Thursday. Finally, ATB Capital dropped their target price on Gibson Energy from C$28.00 to C$26.00 and set an “outperform” rating on the stock in a report on Thursday. Five investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Gibson Energy presently has an average rating of “Moderate Buy” and an average price target of C$25.86.

About Gibson Energy

Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.