Gatekeeper Systems (CVE:GSI) Shares Down 2.6% – Here’s Why

Gatekeeper Systems Inc. (CVE:GSI) dropped 2.6% during mid-day trading on Tuesday . The company traded as low as C$1.87 and last traded at C$1.90. Approximately 350,692 shares traded hands during mid-day trading, an increase of 34% from the average daily volume of 262,506 shares. The stock had previously closed at C$1.95.

Wall Street Analysts Forecast Growth

Separately, Raymond James Financial set a C$3.00 price objective on shares of Gatekeeper Systems and gave the stock an “outperform” rating in a research report on Tuesday, December 16th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$3.00.

Gatekeeper Systems Price Performance

The company’s fifty day moving average is C$2.17 and its two-hundred day moving average is C$1.90. The company has a debt-to-equity ratio of 4.97, a quick ratio of 0.95 and a current ratio of 8.05. The firm has a market cap of C$209.79 million, a price-to-earnings ratio of -95.00 and a beta of 1.85.

Gatekeeper Systems Company Profile

Gatekeeper Systems Inc designs, manufactures, markets, and sells video security solutions for mobile and extreme environments in Canada and the United States. The company offers interior and exterior cameras, and mobile data collectors; G4 Viewer that revolutionizes video management for fleet monitoring; AI Dash Cam, an AI-based dash cam that offers driver status monitor and advanced driver assistance systems; wireless systems, such as access points, mobile wireless modules, mobile Wi-Fi systems, and yard guards; and CLARITY, an integrated video and passenger counting school bus operating platform.