Fiera Capital (TSE:FSZ) Stock Passes Below 200 Day Moving Average - Here's What Happened

Key Points

• Fiera Capital (TSE:FSZ) crossed below its 200‑day moving average (200‑day = C$6.20), trading as low as C$5.54 and last at C$5.62 on volume of 937,931 shares.
• Several analysts have trimmed price targets and kept neutral/hold stances — National Bank Financial cut its target to C$7.00 (sector perform), TD Securities to C$6.00 (hold), and Desjardins to C$6.50 (hold).
• Key fundamentals show a 50‑day SMA of C$5.98, market capitalization of C$599.22M and a PE of 16.53, with a notably high debt‑to‑equity ratio of 313.06.

Fiera Capital Co. (TSE:FSZ - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$6.20 and traded as low as C$5.54. Fiera Capital shares last traded at C$5.62, with a volume of 937,931 shares traded.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. National Bank Financial dropped their target price on Fiera Capital from C$7.50 to C$7.00 and set a "sector perform" rating on the stock in a report on Wednesday, February 4th. TD Securities lowered their price objective on shares of Fiera Capital from C$6.50 to C$6.00 and set a "hold" rating on the stock in a research report on Friday, February 27th. Finally, Desjardins dropped their price objective on shares of Fiera Capital from C$6.75 to C$6.50 and set a "hold" rating on the stock in a research note on Tuesday, February 3rd.

Fiera Capital Stock Performance

The stock's fifty day simple moving average is C$5.98 and its 200-day simple moving average is C$6.20. The company has a quick ratio of 1.05, a current ratio of 23.38 and a debt-to-equity ratio of 313.06. The company has a market capitalization of C$599.22 million, a PE ratio of 16.53, a PEG ratio of -0.87 and a beta of 1.10.

About Fiera Capital

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. It invests in the public equity and fixed income markets across the globe with a focus on Canada. The firm primarily invests in growth and value stocks of small-cap companies.

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