Shares of Savaria Co. (TSE:SIS - Get Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$17.44 and traded as high as C$19.60. Savaria shares last traded at C$19.44, with a volume of 28,417 shares trading hands.
Wall Street Analyst Weigh In
Several research firms have issued reports on SIS. Cormark raised shares of Savaria from a "hold" rating to a "moderate buy" rating in a report on Friday, March 7th. Stifel Nicolaus cut their price target on shares of Savaria from C$25.00 to C$24.00 and set a "buy" rating on the stock in a report on Friday, March 7th. Scotiabank cut their price target on shares of Savaria from C$25.00 to C$22.00 and set an "outperform" rating on the stock in a report on Friday, March 7th. TD Securities lifted their price target on shares of Savaria from C$22.00 to C$24.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. Finally, Desjardins cut their price target on shares of Savaria from C$27.00 to C$25.00 and set a "buy" 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.com, the company currently has a consensus rating of "Buy" and an average price target of C$23.83.
View Our Latest Analysis on SIS
Savaria Stock Down 2.2%
The stock has a market capitalization of C$1.38 billion, a PE ratio of 29.81, 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$17.59 and its two-hundred day moving average price is C$18.70.
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 on Thursday, May 15th. The shares were 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 corporate 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.
Read More
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
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
