Haivision Systems (TSE:HAI) Stock Price Up 0.7% - Should You Buy?

Haivision Systems Inc. (TSE:HAI - Get Free Report) rose 0.7% on Thursday . The company traded as high as C$4.55 and last traded at C$4.55. Approximately 670 shares were traded during trading, a decline of 98% from the average daily volume of 36,432 shares. The stock had previously closed at C$4.52.

Wall Street Analyst Weigh In

HAI has been the subject of a number of recent analyst reports. Paradigm Capital lowered their price objective on Haivision Systems from C$5.75 to C$5.25 and set a "buy" rating for the company in a research note on Monday, March 17th. Cormark upgraded Haivision Systems to a "moderate buy" rating in a research note on Tuesday, May 6th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of C$5.75.

Haivision Systems Trading Down 1.5%

The company has a market cap of C$128.09 million, a price-to-earnings ratio of 28.02 and a beta of 0.58. The firm has a 50-day moving average price of C$4.20 and a 200 day moving average price of C$4.72. 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

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.