Gatekeeper Systems (CVE:GSI) Shares Up 7.4% – Here’s What Happened

Gatekeeper Systems Inc. (CVE:GSI)’s share price shot up 7.4% on Tuesday . The stock traded as high as C$2.20 and last traded at C$2.19. 280,626 shares were traded during mid-day trading, a decline of 3% from the average session volume of 290,308 shares. The stock had previously closed at C$2.04.

Wall Street Analysts Forecast Growth

Separately, Raymond James Financial set a C$3.00 price objective on Gatekeeper Systems and gave the company an “outperform” rating in a report on Tuesday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of C$3.00.

Gatekeeper Systems Stock Down 3.8%

The company has a current ratio of 8.05, a quick ratio of 0.95 and a debt-to-equity ratio of 4.97. The stock’s 50-day moving average price is C$2.38 and its 200-day moving average price is C$1.77. The stock has a market cap of C$226.09 million, a price-to-earnings ratio of -102.50 and a beta of 1.39.

About Gatekeeper Systems

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.