Insider Buying: Haivision Systems Inc. (TSE:HAI) Director Purchases 8,259 Shares of Stock

Haivision Systems Inc. (TSE:HAI) Director Miroslav Wicha bought 8,259 shares of Haivision Systems stock in a transaction dated Tuesday, April 16th. The stock was acquired at an average price of C$4.63 per share, with a total value of C$38,200.35.

Miroslav Wicha also recently made the following trade(s):

• On Monday, January 29th, Miroslav Wicha purchased 3,600 shares of Haivision Systems stock. The shares were acquired at an average cost of C$4.64 per share, for a total transaction of C$16,704.00.
• On Thursday, January 18th, Miroslav Wicha acquired 240 shares of Haivision Systems stock. The shares were acquired at an average price of C$4.79 per share, with a total value of C$1,149.60.

Haivision Systems Stock Performance

Shares of HAI stock opened at C$4.66 on Friday. Haivision Systems Inc. has a fifty-two week low of C$3.31 and a fifty-two week high of C$5.56. The stock’s 50-day moving average is C$4.93 and its two-hundred day moving average is C$4.20. The company has a debt-to-equity ratio of 15.53, a current ratio of 1.68 and a quick ratio of 0.85. The firm has a market cap of C$135.19 million, a P/E ratio of 93.20 and a beta of 0.52.

Haivision Systems (TSE:HAI) last announced its quarterly earnings results on Thursday, March 14th. The company reported C$0.04 EPS for the quarter. The business had revenue of C$34.58 million during the quarter. Haivision Systems had a return on equity of 1.58% and a net margin of 1.02%. Analysts predict that Haivision Systems Inc. will post 0.2697701 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

HAI has been the topic of a number of research reports. Canaccord Genuity Group upped their target price on Haivision Systems from C$6.75 to C$7.00 in a report on Friday, March 15th. Acumen Capital increased their target price on shares of Haivision Systems from C$7.50 to C$8.00 in a research report on Friday, January 19th.

About Haivision Systems

Haivision Systems Inc provides mission-critical, real-time video networking, and visual collaboration solutions in Canada, the United States, and internationally. The company offers Makito Series video encoders and decoders for end-to-end transport of secure and high-quality HD video; video transmitters and mobile encoders for video contribution over bonded unmanaged IP networks; Command 360, a software platform for real-time visualization of business-critical information; Haivision Kraken, a video transcoder for mission-critical ISR, situational awareness, and field monitoring applications; Haivision Hub for Government, a video network service for live and low latency video streaming between government agencies and public cloud delivery services; and Haivision Media Platform that manages, shares, and delivers secure corporate communications, real-time video feeds, and broadcast IPTV.