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

GDI Integrated Facility Services Inc. (TSE:GDI) shares reached a new 52-week high during trading on Monday . The stock traded as high as C$36.60 and last traded at C$36.55, with a volume of 8595 shares. The stock had previously closed at C$36.24.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on GDI. Scotiabank lowered their price objective on GDI Integrated Facility Services from C$33.00 to C$32.00 in a research report on Monday, November 10th. TD Securities cut shares of GDI Integrated Facility Services from a “hold” rating to a “sell” rating and boosted their price target for the company from C$31.00 to C$36.60 in a research report on Tuesday, December 30th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, GDI Integrated Facility Services presently has a consensus rating of “Hold” and a consensus price target of C$36.92.

GDI Integrated Facility Services Stock Up 0.7%

The company has a market capitalization of C$859.36 million, a PE ratio of 20.39 and a beta of 0.08. The company has a current ratio of 1.70, a quick ratio of 1.44 and a debt-to-equity ratio of 93.19. The firm has a 50 day simple moving average of C$35.28 and a two-hundred day simple moving average of C$30.46.

About GDI Integrated Facility Services

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.