Fiera Capital (TSE:FSZ) Stock Price Passes Above 200 Day Moving Average - Should You Sell?

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.

Fiera Capital Co. (TSE:FSZ - Get Free Report)'s stock price crossed 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 traded.

Analyst Upgrades and Downgrades

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

Fiera Capital Stock Up 0.4%

The stock has a 50-day simple moving average of C$6.73 and a two-hundred day simple moving average of C$6.33. 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$738.90 million, a PE ratio of 21.00, a P/E/G ratio of -0.87 and a beta of 1.24.

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.

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