Haivision Systems (TSE:HAI) Trading 3.8% Higher – What’s Next?

Haivision Systems Inc. (TSE:HAI) shot up 3.8% during mid-day trading on Friday . The stock traded as high as C$5.47 and last traded at C$5.44. 2,239 shares were traded during trading, a decline of 91% from the average session volume of 25,798 shares. The stock had previously closed at C$5.24.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on HAI shares. Cormark upped their price objective on Haivision Systems from C$5.85 to C$6.25 in a research note on Friday, September 12th. Acumen Capital upgraded shares of Haivision Systems from a “hold” rating to a “buy” rating and boosted their target price for the stock from C$5.00 to C$6.00 in a report on Friday, September 12th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of C$5.75.

Haivision Systems Price Performance

The company has a quick ratio of 0.85, a current ratio of 1.70 and a debt-to-equity ratio of 10.61. The firm has a market cap of C$148.69 million, a PE ratio of -108.80 and a beta of 0.55. The stock has a 50 day moving average price of C$5.22 and a two-hundred day moving average price of C$4.99.

Haivision Systems (TSE:HAI) last announced its quarterly earnings data on Wednesday, September 10th. The company reported C$0.01 EPS for the quarter. The firm had revenue of C$35.02 million during the quarter. Haivision Systems had a net margin of 3.63% and a return on equity of 4.96%. As a group, equities analysts expect that Haivision Systems Inc. will post 0.2613948 earnings per share for the current year.

About Haivision Systems

Haivision Systems Inc is a provider of infrastructure solutions for the video streaming market, servicing enterprises and governments globally. The organizations use company solutions to communicate, collaborate and educate customers and stakeholders. It delivers high quality, low latency, secure and reliable video through the entire IP video lifecycle, using a broad range of software, hardware, and services. Its geographical segments are Canada, International, and the United States, of which the majority of its revenue comes from the United States.