Shares of Haivision Systems Inc. (TSE:HAI - Get Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$3.85 and last traded at C$4.22, with a volume of 128727 shares. The stock had previously closed at C$4.21.
Wall Street Analyst Weigh In
HAI has been the topic of a number of research reports. Acumen Capital lowered shares of Haivision Systems from a "buy" rating to a "hold" rating and dropped their target price for the stock from C$7.00 to C$5.25 in a research report on Thursday, January 16th. Paradigm Capital lowered their price target on shares of Haivision Systems from C$5.75 to C$5.25 and set a "buy" rating on the stock in a report on Monday. Finally, Canaccord Genuity Group lowered shares of Haivision Systems from a "buy" rating to a "hold" rating and lowered their price target for the company from C$7.00 to C$5.50 in a report on Thursday, January 16th.
Get Our Latest Report on Haivision Systems
Haivision Systems Trading Up 1.3 %
The company's 50-day moving average is C$4.90 and its 200-day moving average is C$5.11. The firm has a market cap of C$130.35 million, a price-to-earnings ratio of 28.52 and a beta of 0.58. The company has a debt-to-equity ratio of 10.61, a quick ratio of 0.85 and a current ratio of 1.70.
Insider Buying and Selling
In related news, Senior Officer Jean-Philippe Demers sold 8,000 shares of the company's stock in a transaction dated Monday, January 20th. The shares were sold at an average price of C$4.80, for a total transaction of C$38,400.00. 40.74% of the stock is owned by corporate insiders.
About Haivision Systems
(
Get Free Report)
Haivision Systems Inc provides mission-critical, real-time video networking, and visual collaboration solutions in Canada, the United States, and internationally. The company offers Makito Series video encoders and decoders for end-to-end transport of secure and high-quality HD video; video transmitters and mobile encoders for video contribution over bonded unmanaged IP networks; Command 360, a software platform for real-time visualization of business-critical information; Haivision Kraken, a video transcoder for mission-critical ISR, situational awareness, and field monitoring applications; Haivision Hub for Government, a video network service for live and low latency video streaming between government agencies and public cloud delivery services; and Haivision Media Platform that manages, shares, and delivers secure corporate communications, real-time video feeds, and broadcast IPTV.
Further Reading
Before you consider Haivision Systems, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Haivision Systems wasn't on the list.
While Haivision Systems currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.