GDI Integrated Facility Services (TSE:GDI) Reaches New 52-Week High – Here’s What Happened

Shares of GDI Integrated Facility Services Inc. (TSE:GDI) hit a new 52-week high on Thursday . The company traded as high as C$41.00 and last traded at C$41.00, with a volume of 16031 shares traded. The stock had previously closed at C$39.25.

Wall Street Analysts Forecast Growth

Separately, National Bankshares lifted their price target on GDI Integrated Facility Services from C$38.50 to C$41.50 in a research note on Thursday, November 14th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of C$42.75.

GDI Integrated Facility Services Price Performance

The stock has a market cap of C$589.60 million, a P/E ratio of 57.97 and a beta of 1.03. The business has a 50 day simple moving average of C$36.78 and a 200-day simple moving average of C$35.48. The company has a debt-to-equity ratio of 104.15, a quick ratio of 1.44 and a current ratio of 1.75.

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.