Sienna Senior Living (TSE:SIA) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

Sienna Senior Living Inc. (TSE:SIA)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$22.45 and traded as high as C$23.27. Sienna Senior Living shares last traded at C$22.79, with a volume of 395,365 shares traded.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Royal Bank Of Canada upped their target price on shares of Sienna Senior Living from C$22.00 to C$25.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 26th. BMO Capital Markets lifted their price target on shares of Sienna Senior Living from C$22.00 to C$25.00 and gave the stock an “outperform” rating in a research note on Monday, February 23rd. Canaccord Genuity Group boosted their price target on shares of Sienna Senior Living from C$24.50 to C$26.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. TD Securities increased their price objective on shares of Sienna Senior Living from C$24.00 to C$26.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. Finally, Scotiabank raised their price objective on shares of Sienna Senior Living from C$24.00 to C$25.00 and gave the company an “outperform” rating in a report on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of C$25.50.

Sienna Senior Living Trading Down 0.9%

The firm has a market capitalization of C$2.27 billion, a price-to-earnings ratio of 46.51 and a beta of 0.89. The company has a debt-to-equity ratio of 198.59, a quick ratio of 0.23 and a current ratio of 0.51. The company has a 50-day moving average price of C$22.45 and a 200-day moving average price of C$20.50.

Sienna Senior Living (TSE:SIA) last issued its earnings results on Thursday, February 19th. The company reported C$0.14 earnings per share for the quarter. The business had revenue of C$278.45 million for the quarter. Sienna Senior Living had a return on equity of 6.93% and a net margin of 4.43%. As a group, research analysts forecast that Sienna Senior Living Inc. will post 0.4595351 EPS for the current fiscal year.

Sienna Senior Living Company Profile

Sienna Senior Living Inc (TSX:SIA) offers a full range of senior living options, including independent living, assisted living and memory care under its Aspira retirement brand, long-term care, and specialized programs and services. Sienna’s approximately 15,000 employees are passionate about cultivating happiness in daily life.