GDI Integrated Facility Services (TSE:GDI) Reaches New 1-Year Low – Time to Sell?

GDI Integrated Facility Services Inc. (TSE:GDI)’s stock price hit a new 52-week low during trading 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.

Wall Street Analyst Weigh In

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

GDI Integrated Facility Services Stock Performance

The company has a current ratio of 1.70, a quick ratio of 1.44 and a debt-to-equity ratio of 93.19. The stock has a market cap of C$711.70 million, a PE ratio of 47.33 and a beta of 1.03. The business’s 50-day moving average price is C$33.72 and its 200-day moving average price is C$35.49.

Insiders Place Their Bets

In other news, Senior Officer Ahmed S. Boomrod sold 5,000 shares of the company’s stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of C$31.07, for a total transaction of C$155,350.00. Corporate insiders own 12.62% of the company’s stock.

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.