Gibson Energy (OTCMKTS:GBNXF) Share Price Passes Above 50 Day Moving Average – What’s Next?
by Tristan Rich · The Markets DailyGibson Energy Inc. (OTCMKTS:GBNXF – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $20.88 and traded as high as $21.29. Gibson Energy shares last traded at $21.29, with a volume of 350 shares trading hands.
Analyst Upgrades and Downgrades
GBNXF has been the topic of several recent analyst reports. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Gibson Energy in a research report on Tuesday, May 26th. TD Securities raised Gibson Energy from a “hold” rating to a “buy” rating in a research report on Tuesday, May 26th. Royal Bank Of Canada reissued an “outperform” rating on shares of Gibson Energy in a research report on Wednesday, February 18th. Zacks Research raised Gibson Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, March 9th. Finally, BMO Capital Markets reissued a “market perform” rating on shares of Gibson Energy in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on Gibson Energy
Gibson Energy Stock Down 0.3%
The stock has a market cap of $3.67 billion, a price-to-earnings ratio of 33.27 and a beta of 0.62. The business has a fifty day moving average of $20.88 and a 200 day moving average of $20.14. The company has a debt-to-equity ratio of 2.73, a current ratio of 1.17 and a quick ratio of 0.87.
Gibson Energy (OTCMKTS:GBNXF – Get Free Report) last posted its earnings results on Monday, May 4th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.21). The business had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $2.09 billion. Gibson Energy had a return on equity of 16.57% and a net margin of 1.36%. On average, equities analysts predict that Gibson Energy Inc. will post 0.71 earnings per share for the current year.
About Gibson Energy
Gibson Energy is a midstream energy services company headquartered in Calgary, Alberta, that provides crude oil, natural gas liquids (NGL) and refined products storage, terminalling, processing and transportation. With a network of terminals, pipelines, truck racks and processing facilities, the company serves producers, refiners, marketers and other midstream operators across Western Canada and parts of the U.S. Its comprehensive offerings include product handling, blending, distribution and marketing services tailored to meet fluctuating energy market demands.
Gibson Energy’s infrastructure portfolio includes crude oil and refined product terminals, an NGL fractionation facility and bulk storage sites strategically located near key supply basins such as the Alberta oil sands region and the U.S.