Haivision Systems Inc. (TSE:HAI - Get Free Report) rose 4.5% on Tuesday . The stock traded as high as C$4.16 and last traded at C$4.16. Approximately 6,100 shares traded hands during trading, a decline of 86% from the average daily volume of 42,641 shares. The stock had previously closed at C$3.98.
Analysts Set New Price Targets
HAI has been the subject of a number of analyst reports. Paradigm Capital reduced their price target 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. Canaccord Genuity Group downgraded shares of Haivision Systems from a "buy" rating to a "hold" rating and lowered their target price for the stock from C$7.00 to C$5.50 in a report on Thursday, January 16th. Finally, Acumen Capital cut shares of Haivision Systems from a "buy" rating to a "hold" rating and decreased their price target for the stock from C$7.00 to C$5.25 in a research note on Thursday, January 16th.
Read Our Latest Stock Analysis on HAI
Haivision Systems Price Performance
The stock has a market capitalization of C$125.54 million, a PE ratio of 27.46 and a beta of 0.58. The firm's 50-day moving average price is C$4.21 and its 200-day moving average price is C$4.79. The company has a current ratio of 1.70, a quick ratio of 0.85 and a debt-to-equity ratio of 10.61.
About Haivision Systems
(
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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.
Further Reading
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