Haivision Systems (TSE:HAI) Shares Up 3.8% - Should You Buy?

Haivision Systems Inc. (TSE:HAI - Get Free Report)'s stock price was up 3.8% during mid-day trading on Tuesday . The stock traded as high as C$4.92 and last traded at C$4.92. Approximately 3,087 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 32,870 shares. The stock had previously closed at C$4.74.

Analysts Set New Price Targets

Separately, Cormark raised shares of Haivision Systems to a "moderate buy" rating in a research note on Tuesday, May 6th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of C$5.75.

Haivision Systems Stock Performance

The company has a current ratio of 1.70, a quick ratio of 0.85 and a debt-to-equity ratio of 10.61. The business's 50 day moving average is C$4.74 and its 200 day moving average is C$4.59. The stock has a market capitalization of C$133.75 million, a PE ratio of 29.26 and a beta of 0.58.

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.