Fiera Capital (TSE:FSZ) Share Price Crosses Above 200-Day Moving Average - What's Next?

Key Points

• Fiera Capital's stock price has surpassed its 200-day moving average, reaching C$6.93, indicating a potential positive trend in the company's performance.
• Analyst ratings reflect a shift, with Desjardins upgrading the stock to a "hold" rating and Scotiabank increasing the target price from C$7.50 to C$8.00.
• The firm has a market cap of C$738.90 million and notable financial metrics, including a PE ratio of 21.00 and a debt-to-equity ratio of 261.73.

Shares of Fiera Capital Co. (TSE:FSZ - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$6.33 and traded as high as C$6.93. Fiera Capital shares last traded at C$6.93, with a volume of 140,179 shares changing hands.

Wall Street Analyst Weigh In

FSZ has been the topic of a number of research analyst reports. Scotiabank raised their target price on Fiera Capital from C$7.50 to C$8.00 and gave the company a "sector perform" rating in a report on Monday, August 11th. Desjardins raised shares of Fiera Capital to a "hold" rating in a report on Tuesday, June 3rd.

Fiera Capital Stock 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 company has a market cap of C$729.30 million, a P/E ratio of 20.73, a price-to-earnings-growth ratio of -0.87 and a beta of 1.24. The company's 50-day moving average is C$6.75 and its two-hundred day moving average is C$6.35.

Fiera Capital Company Profile

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.