Haivision Systems (TSE:HAI) Raised to “Moderate Buy” at Canaccord Genuity Group

Haivision Systems (TSE:HAI) was upgraded by stock analysts at Canaccord Genuity Group from a “hold” rating to a “moderate buy” rating in a note issued to investors on Friday,Zacks.com reports.

Haivision Systems Trading Up 4.2%

Shares of HAI stock opened at C$6.70 on Friday. Haivision Systems has a twelve month low of C$3.67 and a twelve month high of C$7.00. The company’s 50-day moving average price is C$5.34 and its 200-day moving average price is C$5.06. The stock has a market cap of C$183.12 million, a price-to-earnings ratio of -134.00 and a beta of 0.55. The company has a current ratio of 1.70, a quick ratio of 0.85 and a debt-to-equity ratio of 10.61.

Haivision Systems (TSE:HAI) last issued its earnings results on Wednesday, September 10th. The company reported C$0.01 earnings per share for the quarter. The business had revenue of C$35.02 million for the quarter. Haivision Systems had a return on equity of 4.96% and a net margin of 3.63%. As a group, equities analysts predict that Haivision Systems will post 0.2613948 earnings per share for the current year.

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. Its geographical segments are Canada, International, and the United States, of which the majority of its revenue comes from the United States.