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Savaria (TSE:SIS) Shares Pass Above 50 Day Moving Average - Should You Sell?

Savaria logo with Industrials background

Savaria Co. (TSE:SIS - Get Free Report)'s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$19.36 and traded as high as C$20.11. Savaria shares last traded at C$20.04, with a volume of 56,074 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, TD Securities boosted their price target on shares of 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 investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of C$23.83.

View Our Latest Report on SIS

Savaria Stock Performance

The business's fifty day moving average price is C$19.36 and its 200-day moving average price is C$18.30. The stock has a market capitalization of C$1.45 billion, a PE ratio of 31.35, a P/E/G 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.

Insider Buying and Selling at Savaria

In other Savaria news, Director Alain Tremblay sold 10,000 shares of the company's stock in a transaction that occurred on 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 owned by insiders.

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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