Haivision Systems (TSE:HAI) Price Target Raised to C$6.50 at Paradigm Capital

Haivision Systems (TSE:HAI) had its target price upped by Paradigm Capital from C$6.25 to C$6.50 in a research report report published on Monday, BayStreet.CA reports. They currently have a buy rating on the stock.

Haivision Systems Price Performance

Shares of TSE:HAI opened at C$3.46 on Monday. The firm’s 50 day moving average is C$3.73 and its two-hundred day moving average is C$3.94. The firm has a market capitalization of C$100.03 million, a P/E ratio of -12.36 and a beta of 0.61. The company has a current ratio of 1.49, a quick ratio of 0.85 and a debt-to-equity ratio of 24.91. Haivision Systems has a 52 week low of C$2.11 and a 52 week high of C$5.44.

Haivision Systems (TSE:HAI) last announced its quarterly earnings results on Wednesday, June 14th. The company reported C($0.05) earnings per share (EPS) for the quarter. Haivision Systems had a negative return on equity of 9.15% and a negative net margin of 6.06%. The business had revenue of C$35.11 million for the quarter. Analysts anticipate that Haivision Systems will post 0.1501736 earnings per share for the current year.

About Haivision Systems

Haivision Systems Inc provides infrastructure solutions worldwide. 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; 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.