Haivision Systems (TSE:HAI) Stock Price Up 0.9% – Still a Buy?

Shares of Haivision Systems Inc. (TSE:HAI) traded up 0.9% during trading on Wednesday . The company traded as high as C$4.77 and last traded at C$4.65. 1,510 shares were traded during mid-day trading, a decline of 95% from the average session volume of 30,424 shares. The stock had previously closed at C$4.61.

Wall Street Analyst Weigh In

Separately, Cormark raised Haivision Systems to a “moderate buy” rating in a report on Tuesday, May 6th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Haivision Systems currently has an average rating of “Moderate Buy” and a consensus price target of C$5.75.

Haivision Systems Stock Up 0.9%

The company has a market capitalization of C$131.77 million, a price-to-earnings ratio of 28.83 and a beta of 0.58. The business has a fifty day simple moving average of C$4.78 and a two-hundred day simple moving average of C$4.56. The company has a quick ratio of 0.85, a current ratio of 1.70 and a debt-to-equity ratio of 10.61.

About Haivision Systems

Haivision Systems Inc is a provider of infrastructure solutions for the video streaming market, servicing enterprises and governments globally. The organizations use company solutions to communicate, collaborate and educate customers and stakeholders. It delivers high quality, low latency, secure and reliable video through the entire IP video lifecycle, using a broad range of software, hardware, and services.