Haivision Systems (TSE:HAI) Trading Up 4.5% - Time to Buy?

Haivision Systems Inc. (TSE:HAI - Get Free Report)'s stock price traded up 4.5% on Tuesday . The stock traded as high as C$4.16 and last traded at C$4.16. 6,100 shares were traded during trading, a decline of 86% from the average session volume of 42,641 shares. The stock had previously closed at C$3.98.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on HAI. Acumen Capital lowered shares of Haivision Systems from a "buy" rating to a "hold" rating and reduced their target price for the stock from C$7.00 to C$5.25 in a research note on Thursday, January 16th. Canaccord Genuity Group cut Haivision Systems from a "buy" rating to a "hold" rating and cut their price objective for the stock from C$7.00 to C$5.50 in a research report on Thursday, January 16th. Finally, Paradigm Capital decreased their target price on Haivision Systems from C$5.75 to C$5.25 and set a "buy" rating for the company in a research report on Monday, March 17th.

Haivision Systems Trading Up 3.7 %

The firm has a 50 day moving average of C$4.21 and a 200 day moving average of C$4.79. The firm has a market cap of C$125.54 million, a PE ratio of 27.46 and a beta of 0.58. The company has a quick ratio of 0.85, a current ratio of 1.70 and a debt-to-equity ratio of 10.61.

About Haivision Systems

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.