GDI INTEGRATED FACILITY SERVICES INC Just Recorded A Sigfniciant Gap Up

 GDI INTEGRATED FACILITY SERVICES INC Just Recorded A Sigfniciant Gap Up

The stock of GDI INTEGRATED FACILITY SERVICES INC (TSE:GDI) gapped up by $0.12 today and has $29.23 target or 102.00% above today’s $14.47 share price. The 6 months technical chart setup indicates low risk for the $165.19 million company. The gap was reported on Nov, 2 by Barchart.com. If the $29.23 price target is reached, the company will be worth $168.49M more.
Gaps up are useful for using as a support level and to some extent as a tradeable event. If investors already hold the stock and experience a price gap up, then its usually a good idea to hold the stock for a stronger up move. Back-tests of these patterns indicate that two-thirds of the times the stock performance improves after the gap. The area gaps close 89% of the time, the breakaway gaps, 2%, the continuation gaps 4% and the exhaustion gaps 61%. The stock increased 3.14% or $0.44 on November 2, hitting $14.47. About 15,544 shares traded hands or 174.63% up from the average. GDI INTEGRATED FACILITY SERVICES INC (TSE:GDI) has risen 36.74% since April 5, 2016 and is uptrending. It has outperformed by 34.22% the S&P500.

GDI INTEGRATED FACILITY SERVICES INC (TSE:GDI) Ratings Coverage

Out of 5 analysts covering GDI Integrated Facility Services Inc (TSE:GDI), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GDI Integrated Facility Services Inc has been the topic of 10 analyst reports since July 28, 2015 according to StockzIntelligence Inc. As per Tuesday, October 6, the company rating was initiated by GMP Securities.

More news for GDI INTEGRATED FACILITY SERVICES INC (TSE:GDI) were recently published by: Achrnews.com, which released: “GDI Integrated Facility Services to Acquire Ainsworth” on August 11, 2015. Marketwired.com‘s article titled: “Medwell Capital Corp. and GDI Integrated Facility Services Inc. Announce …” and published on April 01, 2015 is yet another important article.

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