Insider Selling: Savaria Co. (SIS) Director Sells 5,000 Shares of Stock

Savaria Co. (TSE:SIS) Director Sylvain Dumoulin sold 5,000 shares of the stock in a transaction on Friday, January 18th. The stock was sold at an average price of C$15.25, for a total value of C$76,250.00. Following the transaction, the director now owns 65,000 shares of the company’s stock, valued at C$991,250.

Savaria stock traded down C$0.35 during mid-day trading on Monday, hitting C$14.68. 47,128 shares of the company were exchanged, compared to its average volume of 157,121. The company has a current ratio of 2.06, a quick ratio of 0.94 and a debt-to-equity ratio of 49.65. Savaria Co. has a 1-year low of C$11.41 and a 1-year high of C$20.95.

Savaria (TSE:SIS) last announced its earnings results on Wednesday, November 14th. The company reported C$0.06 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.17 by C($0.11). The firm had revenue of C$72.09 million during the quarter, compared to the consensus estimate of C$77.45 million. On average, equities research analysts predict that Savaria Co. will post 0.720000068982043 EPS for the current year.

Several research analysts have issued reports on SIS shares. National Bank Financial dropped their price objective on Savaria from C$21.00 to C$17.00 and set a “sector perform” rating for the company in a research note on Thursday, November 15th. Cormark dropped their price objective on Savaria from C$21.00 to C$15.00 in a research note on Friday, November 16th. Laurentian dropped their price objective on Savaria from C$23.00 to C$20.00 in a research note on Thursday, November 15th. Finally, Desjardins dropped their price objective on Savaria from C$23.00 to C$20.00 in a research note on Thursday, November 15th.

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Savaria Company Profile

Savaria Corporation designs, engineers, and manufactures products for personal mobility in Canada, the United States, and internationally. The company operates in three segments: Accessibility, Adapted Vehicles, and the Span. The Accessibility segment manufactures and distributes residential and commercial accessibility equipment for people with mobility challenges; and operates network of franchisees and corporate stores.

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Insider Buying and Selling by Quarter for Savaria (TSE:SIS)

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