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Haivision Systems (TSE:HAI) Trading Down 0.8% - What's Next?

Haivision Systems logo with Computer and Technology background
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Key Points

  • Intraday price action: Haivision shares fell 0.8% to C$7.54 (intraday low C$7.43) with just 21,996 shares traded, a 74% drop from the average session volume of 85,034.
  • Analyst upgrade: Canaccord Genuity raised its price target from C$8.00 to C$12.00 and kept a "buy" rating, while MarketBeat shows a consensus "Buy" with an average target of C$8.08.
  • Fundamentals remain mixed: The company reported C($0.01) EPS last quarter, has a market cap of C$207.3M and a very high P/E of 251.33, with slim net margin (0.70%) and modest liquidity (current ratio 1.57, quick ratio 0.85).
  • Five stocks we like better than Haivision Systems.

Haivision Systems Inc. (TSE:HAI - Get Free Report)'s share price traded down 0.8% during mid-day trading on Monday . The company traded as low as C$7.43 and last traded at C$7.54. 21,996 shares were traded during mid-day trading, a decline of 74% from the average session volume of 85,034 shares. The stock had previously closed at C$7.60.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group increased their price target on shares of Haivision Systems from C$8.00 to C$12.00 and gave the stock a "buy" rating in a report on Tuesday, February 10th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Haivision Systems has an average rating of "Buy" and an average target price of C$8.08.

Get Our Latest Stock Report on HAI

Haivision Systems Stock Performance

The company has a quick ratio of 0.85, a current ratio of 1.57 and a debt-to-equity ratio of 12.71. The company's 50-day moving average is C$8.75 and its two-hundred day moving average is C$6.55. The company has a market capitalization of C$207.33 million, a P/E ratio of 251.33 and a beta of 0.87.

Haivision Systems (TSE:HAI - Get Free Report) last posted its quarterly earnings data on Thursday, March 12th. The company reported C($0.01) earnings per share for the quarter. The company had revenue of C$35.23 million during the quarter. Haivision Systems had a return on equity of 1.08% and a net margin of 0.70%. Equities analysts anticipate that Haivision Systems Inc. will post 0.2613948 earnings per share for the current fiscal year.

Haivision Systems Company Profile

(Get Free Report)

Haivision is a leading global provider of mission-critical, real-time video streaming and visual collaboration solutions. Our connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration, and support decision making. We provide high quality, low latency, secure, and reliable live video at a global scale. Haivision open sourced its award-winning SRT low latency video streaming protocol and founded the SRT Alliance to support its adoption.

See Also

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