Savaria Co. (TSE:SIS - Get Free Report) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$17.91 and traded as high as C$19.26. Savaria shares last traded at C$19.12, with a volume of 29,205 shares traded.
Wall Street Analyst Weigh In
SIS has been the topic of a number of recent research reports. Cormark raised Savaria from a "hold" rating to a "moderate buy" rating in a research note on Friday, March 7th. Raymond James reduced their price objective on Savaria from C$27.50 to C$24.00 and set an "outperform" rating on the stock in a research report on Friday, March 7th. Scotiabank dropped their price objective on Savaria from C$25.00 to C$22.00 and set an "outperform" rating for the company in a research report on Friday, March 7th. Stifel Nicolaus cut their target price on shares of Savaria from C$25.00 to C$24.00 and set a "buy" rating for the company in a research note on Friday, March 7th. Finally, National Bankshares reduced their target price on shares of Savaria from C$27.00 to C$24.00 and set an "outperform" rating on the stock in a report on Friday, March 7th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Savaria has an average rating of "Buy" and a consensus price target of C$23.83.
Check Out Our Latest Report on Savaria
Savaria Stock Down 0.5%
The company has a debt-to-equity ratio of 54.11, a current ratio of 1.97 and a quick ratio of 0.91. The stock has a market cap of C$1.37 billion, a price-to-earnings ratio of 29.77, a price-to-earnings-growth ratio of 42.72 and a beta of 0.90. The firm's 50-day moving average is C$17.91 and its 200 day moving average is C$18.56.
Insider Activity
In other news, Director Alain Tremblay sold 10,000 shares of Savaria stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of C$19.61, for a total value of C$196,092.00. Corporate insiders own 17.45% of the company's stock.
About Savaria
(
Get Free Report)
Savaria Corp designs, engineers, and manufactures products for personal mobility. Its products include home elevators, wheelchair lifts, commercial elevators, ceiling lifts, stairlifts, and van conversions. The company's operating segments are the Accessibility, Adapted Vehicles, and Patient Handling, divisions.
Recommended Stories
Before you consider Savaria, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Savaria wasn't on the list.
While Savaria currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
