Sienna Senior Living (TSE:SIA) Stock Price Crosses Above 50-Day Moving Average - Should You Sell?

Key Points

• Sienna Senior Living's stock crossed above its 50-day moving average
• Analyst sentiment is positive—several firms raised price targets this month and the consensus rating is Buy with an average target of C$25.50.
• Firm fundamentals: market cap C$2.29B and quarterly EPS C$0.14, but the company has very high debt-to-equity (198.59) and weak liquidity (current ratio 0.51, quick ratio 0.23), despite modest profitability (net margin 4.43%).

Sienna Senior Living Inc. (TSE:SIA - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$22.68 and traded as high as C$23.16. Sienna Senior Living shares last traded at C$23.03, with a volume of 126,942 shares trading hands.

Wall Street Analysts Forecast Growth

SIA has been the subject of a number of research reports. Canadian Imperial Bank of Commerce increased their price target on shares of Sienna Senior Living from C$23.00 to C$26.00 in a research note on Monday, February 23rd. Royal Bank Of Canada increased their price target on shares of Sienna Senior Living from C$22.00 to C$25.00 and gave the stock a "sector perform" rating in a research note on Thursday, February 26th. ATB Cormark Capital Markets increased their price target on shares of Sienna Senior Living from C$23.00 to C$25.00 and gave the stock an "outperform" rating in a research note on Monday, February 23rd. BMO Capital Markets increased their price target on shares of Sienna Senior Living from C$22.00 to C$25.00 and gave the stock an "outperform" rating in a research note on Monday, February 23rd. Finally, TD Securities increased their price target on shares of Sienna Senior Living from C$24.00 to C$26.00 and gave the stock a "buy" rating in a research note on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of C$25.50.

Sienna Senior Living Trading Up 0.3%

The company has a market capitalization of C$2.29 billion, a P/E ratio of 47.00 and a beta of 0.92. The stock's 50 day moving average is C$22.68 and its 200-day moving average is C$20.96. The company has a debt-to-equity ratio of 198.59, a current ratio of 0.51 and a quick ratio of 0.23.

Sienna Senior Living (TSE:SIA - Get Free Report) last released its quarterly earnings results on Thursday, February 19th. The company reported C$0.14 earnings per share (EPS) for the quarter. Sienna Senior Living had a net margin of 4.43% and a return on equity of 6.93%. The company had revenue of C$278.45 million during the quarter. As a group, equities research analysts anticipate that Sienna Senior Living Inc. will post 0.4595351 earnings per share for the current year.

About Sienna Senior Living

Sienna Senior Living Inc TSX: SIA offers a full range of senior living options, including independent living, assisted living and memory care under its Aspira retirement brand, long-term care, and specialized programs and services. Sienna's approximately 15,000 employees are passionate about cultivating happiness in daily life.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.