Haivision Systems (TSE:HAI) Trading Down 0.9% – Should You Sell?

Haivision Systems Inc. (TSE:HAI)’s share price traded down 0.9% during trading on Wednesday . The company traded as low as C$5.46 and last traded at C$5.46. 16,260 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 38,419 shares. The stock had previously closed at C$5.51.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group cut their price target on Haivision Systems from C$8.50 to C$7.00 and set a “buy” rating for the company in a research note on Friday, September 13th.

Haivision Systems Stock Up 1.3 %

The company has a debt-to-equity ratio of 14.02, a current ratio of 1.72 and a quick ratio of 0.85. The stock has a market capitalization of C$160.74 million, a price-to-earnings ratio of 30.89 and a beta of 0.58. The firm’s fifty day moving average is C$4.96 and its 200-day moving average is C$4.81.

Haivision Systems (TSE:HAI) last issued its earnings results on Wednesday, September 11th. The company reported C$0.01 EPS for the quarter. The company had revenue of C$30.65 million during the quarter. Haivision Systems had a return on equity of 5.66% and a net margin of 3.83%. On average, sell-side analysts predict that Haivision Systems Inc. will post 0.2613948 earnings per share for the current year.

Haivision Systems Company Profile

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.