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Fiera Capital (TSE:FSZ) Stock Crosses Below Two Hundred Day Moving Average - Here's What Happened

Fiera Capital logo with Financial Services background

Key Points

  • Fiera Capital's stock has crossed below its 200-day moving average, trading as low as C$6.31, with a current price of C$6.34.
  • Analysts at Scotiabank have increased the price target for Fiera Capital from C$7.50 to C$8.00, maintaining a "sector perform" rating.
  • The company has a significant debt-to-equity ratio of 261.73, indicating high levels of debt compared to its equity.
  • MarketBeat previews the top five stocks to own by November 1st.

Fiera Capital Co. (TSE:FSZ - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$6.38 and traded as low as C$6.31. Fiera Capital shares last traded at C$6.34, with a volume of 340,833 shares traded.

Analysts Set New Price Targets

Separately, Scotiabank increased their price target on shares of Fiera Capital from C$7.50 to C$8.00 and gave the stock a "sector perform" rating in a research note on Monday, August 11th.

Check Out Our Latest Analysis on Fiera Capital

Fiera Capital Price Performance

The company has a quick ratio of 1.05, a current ratio of 1.31 and a debt-to-equity ratio of 261.73. The firm has a market cap of C$675.99 million, a PE ratio of 19.21, a P/E/G ratio of -0.87 and a beta of 1.19. The firm's fifty day simple moving average is C$6.68 and its two-hundred day simple moving average is C$6.38.

About Fiera Capital

(Get Free Report)

Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients.

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