Haivision Systems (TSE:HAI) Stock Rating Upgraded by Acumen Capital

Haivision Systems (TSE:HAI) was upgraded by equities research analysts at Acumen Capital from a “hold” rating to a “buy” rating in a research report issued on Friday,BayStreet.CA reports. The brokerage presently has a C$6.00 target price on the stock, up from their previous target price of C$5.00. Acumen Capital’s price target points to a potential upside of 17.65% from the company’s previous close.

Separately, Cormark upped their target price on shares of Haivision Systems from C$5.85 to C$6.25 in a research note on Friday. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Haivision Systems currently has an average rating of “Moderate Buy” and an average target price of C$5.75.

Haivision Systems Stock Performance

Haivision Systems stock opened at C$5.10 on Friday. The company has a debt-to-equity ratio of 10.61, a current ratio of 1.70 and a quick ratio of 0.85. Haivision Systems has a 1-year low of C$3.67 and a 1-year high of C$5.85. The firm has a market capitalization of C$141.09 million, a P/E ratio of -127.50 and a beta of 0.64. The company’s 50-day moving average is C$4.78 and its 200 day moving average is C$4.52.

Haivision Systems Company Profile

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.