Sienna Senior Living (TSE:SIA) Shares Cross Above 50-Day Moving Average of $14.97

Sienna Senior Living Inc. (TSE:SIA) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$14.97 and traded as high as C$15.27. Sienna Senior Living shares last traded at C$15.22, with a volume of 242,339 shares traded.

Analyst Ratings Changes

SIA has been the subject of several recent research reports. Royal Bank of Canada boosted their target price on shares of Sienna Senior Living from C$14.00 to C$16.00 and gave the company a “sector perform” rating in a research note on Friday, May 17th. CIBC boosted their price objective on shares of Sienna Senior Living from C$16.00 to C$17.00 and gave the company a “neutral” rating in a research report on Monday, August 12th. National Bankshares set a C$17.00 target price on shares of Sienna Senior Living and gave the stock an “outperform” rating in a report on Tuesday, July 23rd. Desjardins lifted their target price on Sienna Senior Living from C$16.50 to C$17.50 and gave the company a “buy” rating in a research note on Monday, August 12th. Finally, TD Securities increased their price target on Sienna Senior Living from C$17.00 to C$18.00 and gave the stock a “buy” rating in a research report on Monday, August 12th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Sienna Senior Living has an average rating of “Moderate Buy” and an average target price of C$17.17.

Sienna Senior Living Stock Performance

The company has a debt-to-equity ratio of 275.10, a current ratio of 0.10 and a quick ratio of 0.23. The stock has a fifty day moving average price of C$14.97 and a two-hundred day moving average price of C$14.05. The company has a market cap of C$1.11 billion, a P/E ratio of 39.03 and a beta of 1.19.

Sienna Senior Living Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, September 13th. Shareholders of record on Friday, August 30th will be paid a dividend of $0.078 per share. This represents a $0.94 annualized dividend and a yield of 6.15%. The ex-dividend date is Friday, August 30th. Sienna Senior Living’s payout ratio is currently 241.03%.

Sienna Senior Living Company Profile

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.