GDI Integrated Facility Services (TSE:GDI) Sets New 52-Week Low – Time to Sell?

GDI Integrated Facility Services Inc. (TSE:GDI)’s share price hit a new 52-week low on Wednesday . The company traded as low as C$30.74 and last traded at C$31.36, with a volume of 28433 shares. The stock had previously closed at C$32.22.

Wall Street Analyst Weigh In

A number of research firms have issued reports on GDI. Desjardins decreased their price target 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 report on Thursday, March 6th. National Bankshares increased their target price on GDI Integrated Facility Services from C$38.50 to C$41.50 in a research note on Thursday, November 14th. Finally, TD Securities raised GDI Integrated Facility Services from a “hold” rating to a “strong-buy” rating and lifted their price target for the stock from C$40.00 to C$50.00 in a research report on Tuesday, January 28th. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of C$43.42.

GDI Integrated Facility Services Trading Down 4.3 %

The business has a 50-day moving average of C$34.96 and a two-hundred day moving average of C$35.76. The company has a quick ratio of 1.44, a current ratio of 1.70 and a debt-to-equity ratio of 93.19. The firm has a market capitalization of C$734.58 million, a price-to-earnings ratio of 48.85 and a beta of 1.03.

About GDI Integrated Facility Services

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.