Savaria (OTCMKTS:SISXF) Trading Up 4.1% – Here’s What Happened

Savaria Co. (OTCMKTS:SISXF)’s share price rose 4.1% during mid-day trading on Friday . The stock traded as high as $15.42 and last traded at $15.42. Approximately 499 shares changed hands during trading, a decline of 44% from the average daily volume of 884 shares. The stock had previously closed at $14.8135.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on SISXF. National Bankshares reiterated an “outperform” rating on shares of Savaria in a research report on Monday, August 11th. Raymond James Financial reiterated an “outperform” rating on shares of Savaria in a report on Friday, August 8th. Finally, Scotiabank reiterated an “outperform” rating on shares of Savaria in a research note on Monday, November 10th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Savaria currently has a consensus rating of “Buy”.

Savaria Price Performance

The company’s 50-day simple moving average is $15.32 and its 200-day simple moving average is $14.73.

About Savaria

Savaria Corporation provides accessibility solutions for the elderly and physically challenged people in Canada, the United States, Europe, and internationally. The company operates in two segments, Accessibility and Patient Care. The Accessibility segment designs, manufactures, distributes, and installs a portfolio of accessibility products, including commercial and home elevators, stairlifts, platform lifts, and wheelchair lowered-floor accessible conversions for selected brands of minivans, personal, residential, or commercial applications.