GDI Integrated Facility Services (TSE:GDI) Hits New 52-Week High – Time to Buy?

Shares of GDI Integrated Facility Services Inc. (TSE:GDI) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$41.00 and last traded at C$41.00, with a volume of 16031 shares changing hands. The stock had previously closed at C$39.25.

Wall Street Analyst Weigh In

Separately, National Bankshares lifted their price objective on GDI Integrated Facility Services from C$38.50 to C$41.50 in a research note on Thursday, November 14th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, GDI Integrated Facility Services presently has an average rating of “Hold” and an average target price of C$42.75.

GDI Integrated Facility Services Stock Performance

The company has a debt-to-equity ratio of 104.15, a current ratio of 1.75 and a quick ratio of 1.44. The stock has a market cap of C$604.34 million, a PE ratio of 59.42 and a beta of 1.03. The business has a 50 day moving average price of C$36.56 and a two-hundred day moving average price of C$35.41.

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.