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Savaria (TSE:SIS) Hits New 1-Year Low - What's Next?

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Savaria Co. (TSE:SIS - Get Free Report)'s share price reached a new 52-week low during trading on Monday . The company traded as low as C$15.95 and last traded at C$16.09, with a volume of 11803 shares. The stock had previously closed at C$16.22.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. TD Securities lowered their price objective on Savaria from C$25.00 to C$22.00 and set a "buy" rating for the company in a research report on Friday, March 7th. National Bankshares cut their target price on Savaria from C$27.00 to C$24.00 and set an "outperform" rating on the stock in a research report on Friday, March 7th. Raymond James cut their target price on Savaria from C$27.50 to C$24.00 and set an "outperform" rating on the stock in a research note on Friday, March 7th. Cormark upgraded shares of Savaria from a "hold" rating to a "moderate buy" rating in a report on Friday, March 7th. Finally, Scotiabank dropped their price target on Savaria from C$25.00 to C$22.00 and set an "outperform" rating on the stock in a research report on Friday, March 7th. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of "Buy" and an average target price of C$23.57.

View Our Latest Stock Report on SIS

Savaria Price Performance

The firm has a 50-day moving average of C$17.59 and a 200 day moving average of C$20.06. The company has a market capitalization of C$1.13 billion, a PE ratio of 24.56, a PEG ratio of 42.72 and a beta of 0.90. The company has a debt-to-equity ratio of 54.11, a current ratio of 1.97 and a quick ratio of 0.91.

About Savaria

(Get Free Report)

Savaria Corp designs, engineers, and manufactures products for personal mobility. Its products include home elevators, wheelchair lifts, commercial elevators, ceiling lifts, stairlifts, and van conversions. The company's operating segments are the Accessibility, Adapted Vehicles, and Patient Handling, divisions.

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