GDI Integrated Facility Services (TSE:GDI) Reaches New 1-Year Low - Here's Why

GDI Integrated Facility Services Inc. (TSE:GDI - Get Free Report)'s share price reached a new 52-week low during trading on Monday . The stock 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 Analysts Forecast Growth

GDI has been the topic of a number of analyst reports. TD Securities upgraded GDI Integrated Facility Services from a "hold" rating to a "strong-buy" rating and upped their price target for the company from C$40.00 to C$50.00 in a research report on Tuesday, January 28th. Desjardins dropped their target price on shares of GDI Integrated Facility Services from C$50.00 to C$48.00 and set a "buy" rating for the company in a research report on Thursday, March 6th. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of C$43.42.

GDI Integrated Facility Services Stock Performance

The firm's 50-day moving average price is C$33.45 and its 200 day moving average price is C$35.37. The company has a market cap of C$766.28 million, a price-to-earnings ratio of 50.96 and a beta of 1.03. The company has a debt-to-equity ratio of 93.19, a quick ratio of 1.44 and a current ratio of 1.70.

Insider Activity at GDI Integrated Facility Services

In other GDI Integrated Facility Services news, Senior Officer Ahmed S. Boomrod sold 5,000 shares of the stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of C$31.07, for a total value of C$155,350.00. 12.62% of the stock is currently owned by corporate insiders.

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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.