Gibson Energy (OTCMKTS:GBNXF) Stock Crosses Below Fifty Day Moving Average – Time to Sell?

Gibson Energy Inc. (OTCMKTS:GBNXF) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $16.20 and traded as low as $15.84. Gibson Energy shares last traded at $15.87, with a volume of 129,287 shares.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on GBNXF shares. TD Securities upgraded shares of Gibson Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 24th. BMO Capital Markets upgraded Gibson Energy from a “market perform” rating to an “outperform” rating in a research report on Thursday, December 5th. Wells Fargo & Company lowered Gibson Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th. Finally, National Bank Financial downgraded Gibson Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 19th. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Gibson Energy currently has a consensus rating of “Buy”.

Gibson Energy Stock Performance

The company has a current ratio of 0.70, a quick ratio of 0.60 and a debt-to-equity ratio of 2.38. The stock’s 50 day moving average price is $16.12 and its two-hundred day moving average price is $16.61. The firm has a market capitalization of $2.60 billion, a PE ratio of 23.06 and a beta of 0.93.

Gibson Energy (OTCMKTS:GBNXF) last released its quarterly earnings results on Tuesday, February 18th. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.25). Gibson Energy had a return on equity of 16.18% and a net margin of 1.30%. The company had revenue of $1.69 billion during the quarter. On average, equities analysts expect that Gibson Energy Inc. will post 1.09 earnings per share for the current year.

Gibson Energy Company Profile

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.