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Savaria (TSE:SIS) Hits New 12-Month Low - Time to Sell?

Savaria logo with Industrials background

Savaria Co. (TSE:SIS - Get Free Report) reached a new 52-week low during trading on Monday . The company traded as low as C$14.97 and last traded at C$15.16, with a volume of 27089 shares changing hands. The stock had previously closed at C$15.70.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Desjardins lowered their price objective on shares of Savaria from C$27.00 to C$25.00 and set a "buy" rating for the company in a research report on Friday, March 7th. National Bankshares dropped their price target on shares of Savaria from C$27.00 to C$24.00 and set an "outperform" rating on the stock in a research note on Friday, March 7th. Stifel Nicolaus reduced their price target on shares of Savaria from C$25.00 to C$24.00 and set a "buy" rating for the company in a research report on Friday, March 7th. Cormark raised Savaria from a "hold" rating to a "moderate buy" rating in a research report on Friday, March 7th. Finally, Raymond James lowered their price objective on shares of Savaria from C$27.50 to C$24.00 and set an "outperform" rating on the stock in a research report on Friday, March 7th. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of C$23.57.

Get Our Latest Report on SIS

Savaria Trading Up 1.5 %

The firm has a market capitalization of C$1.14 billion, a price-to-earnings ratio of 24.64, a price-to-earnings-growth ratio of 42.72 and a beta of 0.90. The business's 50 day moving average price is C$17.05 and its 200-day moving average price is C$19.76. The company has a debt-to-equity ratio of 54.11, a current ratio of 1.97 and a quick ratio of 0.91.

Savaria Company Profile

(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.

Further Reading

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