Cormark Upgrades Haivision Systems (TSE:HAI) to Moderate Buy

Haivision Systems (TSE:HAI - Get Free Report) was upgraded by stock analysts at Cormark to a "moderate buy" rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Other research analysts have also recently issued research reports about the company. Acumen Capital cut Haivision Systems from a "buy" rating to a "hold" rating and reduced their price objective for the stock from C$7.00 to C$5.25 in a research note on Thursday, January 16th. Canaccord Genuity Group downgraded shares of Haivision Systems from a "buy" rating to a "hold" rating and lowered their price objective for the company from C$7.00 to C$5.50 in a research report on Thursday, January 16th. Finally, Paradigm Capital dropped their target price on Haivision Systems from C$5.75 to C$5.25 and set a "buy" rating on the stock in a research report on Monday, March 17th. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$5.75.

Haivision Systems Trading Down 1.6 %

Shares of HAI stock opened at C$4.31 on Tuesday. Haivision Systems has a fifty-two week low of C$3.67 and a fifty-two week high of C$7.00. The firm's 50 day moving average price is C$4.19 and its two-hundred day moving average price is C$4.79. The stock has a market cap of C$122.14 million, a price-to-earnings ratio of 26.72 and a beta of 0.58. The company has a quick ratio of 0.85, a current ratio of 1.70 and a debt-to-equity ratio of 10.61.

Haivision Systems Company Profile

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.

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