GDI Integrated Facility Services (TSE:GDI) Hits New 1-Year Low – Should You Sell?

GDI Integrated Facility Services Inc. (TSE:GDI)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$29.39 and last traded at C$29.50, with a volume of 11015 shares. The stock had previously closed at C$30.66.

Wall Street Analyst Weigh In

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

GDI Integrated Facility Services Trading Up 0.9 %

The company has a debt-to-equity ratio of 93.19, a quick ratio of 1.44 and a current ratio of 1.70. The business has a 50 day moving average of C$33.53 and a two-hundred day moving average of C$35.40. The firm has a market capitalization of C$723.61 million, a price-to-earnings ratio of 48.12 and a beta of 1.03.

Insider Buying and Selling at GDI Integrated Facility Services

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

GDI Integrated Facility Services Company Profile

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.