Haivision Systems (TSE:HAI) Trading 0.8% Higher – Here’s What Happened

Haivision Systems Inc. (TSE:HAI)’s stock price traded up 0.8% during trading on Monday . The company traded as high as C$5.23 and last traded at C$5.13. 12,939 shares traded hands during mid-day trading, a decline of 53% from the average session volume of 27,401 shares. The stock had previously closed at C$5.09.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Cormark lifted their price target on Haivision Systems from C$5.85 to C$6.25 in a report on Friday, September 12th. Acumen Capital upgraded shares of Haivision Systems from a “hold” rating to a “buy” rating and boosted their target price for the company from C$5.00 to C$6.00 in a report on Friday, September 12th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Haivision Systems presently has a consensus rating of “Moderate Buy” and a consensus target price of C$5.75.

Haivision Systems Stock Performance

The company has a debt-to-equity ratio of 10.61, a current ratio of 1.70 and a quick ratio of 0.85. The stock has a market cap of C$140.21 million, a PE ratio of -102.60 and a beta of 0.38. The stock has a 50-day simple moving average of C$4.91 and a 200-day simple moving average of C$4.68.

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.