Savaria (OTCMKTS:SISXF) Shares Down 5.2%

Savaria Co. (OTCMKTS:SISXF)’s stock price fell 5.2% during mid-day trading on Wednesday . The stock traded as low as $9.99 and last traded at $9.99. 3,550 shares traded hands during trading, an increase of 111% from the average session volume of 1,686 shares. The stock had previously closed at $10.53.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on SISXF. Stifel Nicolaus lowered their price objective on Savaria from C$26.00 to C$25.00 in a research report on Friday, August 11th. Raymond James lowered their price objective on Savaria from C$21.00 to C$19.00 in a research report on Monday, September 25th. TD Securities began coverage on Savaria in a research report on Monday, September 25th. They set a “buy” rating for the company. Desjardins began coverage on Savaria in a research report on Monday, September 25th. They set a “buy” rating for the company. Finally, Scotiabank lowered their price objective on Savaria from C$20.50 to C$19.00 in a research report on Friday, August 11th.

Savaria Price Performance

The company has a fifty day moving average price of $10.21 and a two-hundred day moving average price of $11.69.

Savaria Company Profile

Savaria Corporation provides accessibility solutions for the elderly and physically challenged people in Canada, the United States, the United Kingdom, rest of Europe, and internationally. The company operates through three segments: Accessibility, Patient Care, and Adapted Vehicles. The Accessibility segment designs, manufactures, distributes, and installs accessibility products, such as stairlifts for straight and curved stairs, vertical and inclined wheelchair platform lifts for commercial and residential applications, and commercial accessibility and home elevators.