Sienna Senior Living (TSE:SIA) Share Price Passes Above 50-Day Moving Average - Should You Sell?

Sienna Senior Living Inc. (TSE:SIA - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$16.78 and traded as high as C$17.55. Sienna Senior Living shares last traded at C$16.51, with a volume of 324,825 shares traded.

Analyst Ratings Changes

Several equities research analysts have commented on SIA shares. Cormark upgraded Sienna Senior Living to a "moderate buy" rating in a research note on Monday, October 28th. National Bankshares set a C$17.50 price target on Sienna Senior Living and gave the stock an "outperform" rating in a research note on Thursday, August 29th. Scotiabank upped their price target on Sienna Senior Living from C$16.50 to C$17.50 and gave the stock an "outperform" rating in a research note on Monday, August 12th. TD Securities upped their price target on Sienna Senior Living from C$18.00 to C$19.00 and gave the stock a "buy" rating in a research note on Monday, October 21st. Finally, Royal Bank of Canada upped their price target on Sienna Senior Living from C$16.00 to C$17.00 in a research note on Thursday, August 29th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of C$17.58.

Sienna Senior Living Trading Up 2.2 %

The company has a quick ratio of 0.23, a current ratio of 0.10 and a debt-to-equity ratio of 275.10. The firm has a market cap of C$1.39 billion, a price-to-earnings ratio of 42.33 and a beta of 1.20. The business has a 50 day moving average price of C$16.78 and a 200-day moving average price of C$15.40.

Sienna Senior Living Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be paid a dividend of $0.078 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.94 dividend on an annualized basis and a yield of 5.55%. Sienna Senior Living's dividend payout ratio (DPR) is presently 241.03%.

Sienna Senior Living Company Profile

Sienna Senior Living Inc provides senior living and long-term care (LTC) services in Canada. The company operates through Retirement and LTC segments. It offers independent supportive and assisted living, memory care, and long-term care services; and management services to senior living residences. The company was formerly known as Leisureworld Senior Care Corporation and changed its name to Sienna Senior Living Inc in May 2015.