Sienna Senior Living (TSE:SIA) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

Sienna Senior Living Inc. (TSE:SIA)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$22.68 and traded as high as C$23.16. Sienna Senior Living shares last traded at C$23.03, with a volume of 126,942 shares trading hands.

Wall Street Analysts Forecast Growth

SIA has been the subject of a number of research reports. Canadian Imperial Bank of Commerce increased their price target on shares of Sienna Senior Living from C$23.00 to C$26.00 in a research note on Monday, February 23rd. Royal Bank Of Canada increased their price target 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. ATB Cormark Capital Markets increased their price target on shares of Sienna Senior Living from C$23.00 to C$25.00 and gave the stock an “outperform” rating in a research note on Monday, February 23rd. BMO Capital Markets increased 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. Finally, TD Securities increased their price target on shares of Sienna Senior Living from C$24.00 to C$26.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of C$25.50.

Sienna Senior Living Trading Up 0.3%

The company has a market capitalization of C$2.29 billion, a P/E ratio of 47.00 and a beta of 0.92. The stock’s 50 day moving average is C$22.68 and its 200-day moving average is C$20.96. The company has a debt-to-equity ratio of 198.59, a current ratio of 0.51 and a quick ratio of 0.23.

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

About Sienna Senior Living

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.