Haivision Systems Inc. (TSE:HAI - Get Free Report) shares fell 0.2% during mid-day trading on Tuesday . The company traded as low as C$5.00 and last traded at C$5.10. 13,703 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 76,360 shares. The stock had previously closed at C$5.11.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on HAI. Acumen Capital lowered Haivision Systems from a "buy" rating to a "hold" rating and cut their target price for the company from C$7.00 to C$5.25 in a research report on Thursday, January 16th. Canaccord Genuity Group lowered shares of Haivision Systems from a "buy" rating to a "hold" rating and cut their target price for the company from C$7.00 to C$5.50 in a research note on Thursday, January 16th.
View Our Latest Report on HAI
Haivision Systems Stock Performance
The company has a current ratio of 1.70, a quick ratio of 0.85 and a debt-to-equity ratio of 10.61. The firm has a market capitalization of C$143.11 million, a price-to-earnings ratio of 31.31 and a beta of 0.58. The company has a 50-day moving average of C$5.18 and a 200-day moving average of C$5.06.
Insiders Place Their Bets
In other news, Senior Officer Jean-Philippe Demers sold 8,000 shares of the stock in a transaction that occurred on Monday, January 20th. The stock was 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
(
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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.
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