Fiera Capital (TSE:FSZ) Sets New 1-Year Low – What’s Next?

Fiera Capital Co. (TSE:FSZ) shares reached a new 52-week low during trading on Tuesday . The company traded as low as C$5.95 and last traded at C$6.00, with a volume of 306926 shares trading hands. The stock had previously closed at C$6.12.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on FSZ shares. National Bankshares raised Fiera Capital from an “underperform” rating to a “sector perform” rating and dropped their price target for the stock from C$8.50 to C$7.00 in a research note on Thursday, February 27th. National Bank Financial upgraded Fiera Capital from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 26th. CIBC reduced their price target on shares of Fiera Capital from C$9.00 to C$6.75 and set a “neutral” rating on the stock in a research report on Thursday, February 27th. Scotiabank lowered their price objective on shares of Fiera Capital from C$10.00 to C$8.75 and set a “sector perform” rating for the company in a report on Thursday, February 27th. Finally, TD Securities cut their price objective on shares of Fiera Capital from C$8.50 to C$6.50 and set a “hold” rating for the company in a research note on Thursday, February 27th. Six analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of C$7.54.

Fiera Capital Stock Performance

The company has a debt-to-equity ratio of 261.73, a current ratio of 1.31 and a quick ratio of 1.05. The stock has a market cap of C$5.94 million, a PE ratio of 9.96, a price-to-earnings-growth ratio of -0.87 and a beta of 0.91. The business has a 50 day moving average price of C$7.63 and a two-hundred day moving average price of C$8.41.

Insider Transactions at Fiera Capital

In related news, insider FIERA CAPITAL S.E.C. sold 10,467 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of C$8.89, for a total transaction of C$93,028.60. 0.86% of the stock is currently owned by company insiders.

Fiera Capital Company Profile

Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients.