Gatekeeper Systems (CVE:GSI) Trading Down 1.5% – What’s Next?

Gatekeeper Systems Inc. (CVE:GSI) shares dropped 1.5% on Monday . The stock traded as low as C$1.27 and last traded at C$1.31. Approximately 115,935 shares traded hands during mid-day trading, a decline of 20% from the average daily volume of 144,123 shares. The stock had previously closed at C$1.33.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Raymond James Financial set a C$3.00 price target on Gatekeeper Systems and gave the stock an “outperform” rating in a research note on Tuesday, December 16th. Canaccord Genuity Group raised Gatekeeper Systems to a “moderate buy” rating in a research report on Tuesday, January 13th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Gatekeeper Systems currently has an average rating of “Buy” and an average price target of C$3.00.

Gatekeeper Systems Price Performance

The company’s 50-day moving average is C$1.62 and its 200-day moving average is C$2.00. The company has a debt-to-equity ratio of 2.65, a current ratio of 10.04 and a quick ratio of 0.95. The firm has a market capitalization of C$144.64 million, a price-to-earnings ratio of -26.20 and a beta of 1.67.

Gatekeeper Systems Company Profile

Gatekeeper Systems Inc designs, manufactures, markets, and sells video security solutions for mobile and extreme environments in Canada and the United States. The company offers interior and exterior cameras, and mobile data collectors; G4 Viewer that revolutionizes video management for fleet monitoring; AI Dash Cam, an AI-based dash cam that offers driver status monitor and advanced driver assistance systems; wireless systems, such as access points, mobile wireless modules, mobile Wi-Fi systems, and yard guards; and CLARITY, an integrated video and passenger counting school bus operating platform.