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

GDI Integrated Facility Services Inc. (TSE:GDI) reached a new 52-week low on Monday . The company traded as low as C$29.39 and last traded at C$29.50, with a volume of 11015 shares traded. The stock had previously closed at C$30.66.

Analysts Set New Price Targets

Several brokerages recently issued reports on GDI. TD Securities raised 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. 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 on the stock in a report 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 given a strong buy rating to the company’s stock. According to MarketBeat.com, GDI Integrated Facility Services has a consensus rating of “Moderate Buy” and a consensus target price of C$43.42.

GDI Integrated Facility Services Trading Down 2.6 %

The stock has a market cap of C$711.70 million, a PE ratio of 47.33 and a beta of 1.03. 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 stock has a fifty day moving average price of C$33.72 and a 200 day moving average price of C$35.49.

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 dated Wednesday, March 12th. The shares were sold at an average price of C$31.07, for a total value of C$155,350.00. Company insiders own 12.62% of the company’s stock.

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.