Savaria Co. (TSE:SIS - Get Free Report) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$19.21 and traded as high as C$19.87. Savaria shares last traded at C$19.76, with a volume of 27,535 shares traded.
Wall Street Analysts Forecast Growth
Separately, TD Securities upped their price objective on Savaria from C$22.00 to C$24.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of C$23.83.
View Our Latest Analysis on SIS
Savaria Stock Up 0.3%
The stock has a market capitalization of C$1.43 billion, a PE ratio of 30.92, a price-to-earnings-growth ratio of 42.72 and a beta of 0.90. 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 business's fifty day moving average price is C$19.21 and its two-hundred day moving average price is C$18.33.
Insider Activity
In other news, Director Alain Tremblay sold 10,000 shares of the company's 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. 17.45% of the stock is currently owned by insiders.
About Savaria
(
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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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