GDI Integrated Facility Services (TSE:GDI) Stock Passes Above 50-Day Moving Average – Should You Sell?

GDI Integrated Facility Services Inc. (TSE:GDI)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$35.96 and traded as high as C$36.95. GDI Integrated Facility Services shares last traded at C$36.93, with a volume of 5,695 shares.

Analyst Upgrades and Downgrades

Several brokerages recently commented on GDI. National Bankshares boosted their target price on GDI Integrated Facility Services from C$38.50 to C$41.50 in a report on Thursday. Cormark lowered their price objective on shares of GDI Integrated Facility Services from C$40.00 to C$39.00 in a research report on Friday, August 9th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, GDI Integrated Facility Services has a consensus rating of “Hold” and an average target price of C$42.75.

GDI Integrated Facility Services Stock Performance

The stock has a market cap of C$525.63 million, a price-to-earnings ratio of 52.90 and a beta of 1.03. The company has a debt-to-equity ratio of 104.15, a quick ratio of 1.44 and a current ratio of 1.75. The stock’s 50-day simple moving average is C$35.96 and its two-hundred day simple moving average is C$34.77.

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.