GDI Integrated Facility Services (TSE:GDI) Sets New 52-Week High – Here’s Why

GDI Integrated Facility Services Inc. (TSE:GDI) shares hit a new 52-week high on Monday . The stock traded as high as C$36.60 and last traded at C$36.55, with a volume of 133779 shares trading hands. The stock had previously closed at C$36.55.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Scotiabank reduced their price target on GDI Integrated Facility Services from C$33.00 to C$32.00 in a research report on Monday, November 10th. TD Securities cut GDI Integrated Facility Services from a “hold” rating to a “sell” rating and increased their price target for the company from C$31.00 to C$36.60 in a research note on Tuesday, December 30th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of C$36.92.

GDI Integrated Facility Services Price Performance

The business’s fifty day moving average price is C$36.22 and its 200 day moving average price is C$30.94. The firm has a market capitalization of C$861.00 million, a price-to-earnings ratio of 20.43 and a beta of 0.08. The company has a current ratio of 1.69, a quick ratio of 1.44 and a debt-to-equity ratio of 73.44.

GDI Integrated Facility Services Company Profile

GDI is a leading integrated commercial facility services provider which offers a range of services in Canada and the United States to owners and managers of a variety of facility types including office buildings, educational facilities, distribution centers, industrial facilities, healthcare establishments, stadiums and event venues, hotels, shopping centres, airports and other transportation facilities. GDI’s commercial facility services capabilities include commercial janitorial and building maintenance, energy advisory and system optimization, the installation, maintenance and repair of HVAC-R, mechanical, electrical and building automation systems, as well as other complementary services such as janitorial products manufacturing.