Shares of Gibson Energy Inc. (TSE:GEI - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$23.25 and traded as high as C$25.26. Gibson Energy shares last traded at C$25.01, with a volume of 677,738 shares traded.
Analyst Upgrades and Downgrades
GEI has been the subject of a number of recent research reports. CIBC lifted their target price on Gibson Energy from C$27.00 to C$29.00 in a report on Thursday, December 5th. JPMorgan Chase & Co. dropped their price objective on shares of Gibson Energy from C$27.00 to C$26.00 in a report on Wednesday, October 2nd. Royal Bank of Canada upped their price objective on shares of Gibson Energy from C$27.00 to C$28.00 and gave the company an "outperform" rating in a report on Thursday, October 3rd. Raymond James raised their price target on shares of Gibson Energy from C$28.50 to C$30.00 in a research report on Thursday, December 5th. Finally, TD Securities set a C$25.00 target price on Gibson Energy and gave the stock a "hold" rating in a research note on Wednesday, January 15th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Gibson Energy has a consensus rating of "Moderate Buy" and a consensus price target of C$26.90.
Read Our Latest Report on Gibson Energy
Gibson Energy Trading Down 2.4 %
The company has a market cap of C$3.97 billion, a P/E ratio of 23.02, a P/E/G ratio of 1.85 and a beta of 1.25. The business has a fifty day simple moving average of C$24.68 and a 200 day simple moving average of C$23.25. The company has a debt-to-equity ratio of 292.01, a quick ratio of 0.87 and a current ratio of 1.18.
Gibson Energy (TSE:GEI - Get Free Report) last posted its earnings results on Tuesday, October 29th. The company reported C$0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$0.32 by C$0.01. Gibson Energy had a net margin of 1.42% and a return on equity of 23.48%. During the same quarter last year, the business posted $0.21 earnings per share.
Insider Buying and Selling
In other news, Director Curtis Philippon acquired 40,000 shares of the business's stock in a transaction that occurred on Monday, December 9th. The stock was acquired at an average cost of C$25.46 per share, for a total transaction of C$1,018,400.00. Also, Senior Officer Kelly Holtby bought 2,010 shares of Gibson Energy stock in a transaction on Monday, December 30th. The stock was acquired at an average price of C$24.85 per share, with a total value of C$49,948.50. 0.85% of the stock is owned by corporate insiders.
Gibson Energy Company Profile
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Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.
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