Sienna Senior Living (TSE:SIA) Stock Price Crosses Below 200-Day Moving Average - Here's What Happened

Sienna Senior Living Inc. (TSE:SIA - Get Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$15.95 and traded as low as C$14.94. Sienna Senior Living shares last traded at C$15.12, with a volume of 227,535 shares traded.

Analyst Upgrades and Downgrades

Several research analysts have commented on SIA shares. TD Securities raised their target price on shares of Sienna Senior Living from C$18.00 to C$19.00 and gave the stock a "buy" rating in a report on Monday, October 21st. Scotiabank raised their price objective on shares of Sienna Senior Living from C$17.50 to C$18.00 in a research note on Wednesday, November 13th. CIBC boosted their target price on shares of Sienna Senior Living from C$17.00 to C$19.00 in a research note on Wednesday, November 13th. Finally, Cormark upgraded Sienna Senior Living to a "moderate buy" rating in a report on Monday, October 28th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Sienna Senior Living has an average rating of "Moderate Buy" and a consensus price target of C$18.00.

Sienna Senior Living Price Performance

The stock has a 50 day moving average of C$16.07 and a two-hundred day moving average of C$15.96. The company has a debt-to-equity ratio of 275.10, a quick ratio of 0.23 and a current ratio of 0.10. The firm has a market capitalization of C$1.25 billion, a P/E ratio of 38.77 and a beta of 1.20.

Sienna Senior Living Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, February 14th will be given a $0.078 dividend. This represents a $0.94 annualized dividend and a dividend yield of 6.19%. The ex-dividend date of this dividend is Friday, January 31st. Sienna Senior Living's dividend payout ratio is currently 241.03%.

About Sienna Senior Living

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.