Savaria Co. (TSE:SIS - Get Free Report)'s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty 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 trading hands.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on SIS. Stifel Nicolaus decreased their target price on shares of Savaria from C$25.00 to C$24.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. Scotiabank decreased their target price on shares of Savaria from C$25.00 to C$22.00 and set an "outperform" rating on the stock in a research report on Friday, March 7th. TD Securities lifted their target price on shares of Savaria from C$22.00 to C$24.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Desjardins decreased their target price on shares of Savaria from C$27.00 to C$25.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. Finally, Raymond James decreased their target price on shares of 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. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of "Buy" and a consensus target price of C$23.83.
Check Out Our Latest Report on Savaria
Savaria Stock Performance
The stock has a market capitalization of C$1.37 billion, a price-to-earnings ratio of 29.60, a price-to-earnings-growth ratio of 42.72 and a beta of 0.90. The company has a quick ratio of 0.91, a current ratio of 1.97 and a debt-to-equity ratio of 54.11. The stock's 50-day simple moving average is C$18.10 and its 200 day simple moving average is C$18.54.
Insider Buying and Selling at Savaria
In other news, Director Alain Tremblay sold 10,000 shares of the company's stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of C$19.61, for a total transaction of C$196,092.00. Company 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.
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