Haivision Systems (TSE:HAI) Trading Down 2.7% – What’s Next?

Haivision Systems Inc. (TSE:HAI)’s stock price dropped 2.7% during trading on Wednesday . The stock traded as low as C$5.80 and last traded at C$5.87. Approximately 11,689 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 81,513 shares. The stock had previously closed at C$6.03.

Haivision Systems Price Performance

The company has a debt-to-equity ratio of 11.59, a quick ratio of 0.85 and a current ratio of 1.56. The company’s 50 day moving average price is C$6.53 and its 200 day moving average price is C$7.00. The company has a market cap of C$127.59 million, a price-to-earnings ratio of 154.67 and a beta of 0.76.

Haivision Systems (TSE:HAI) last issued its earnings results on Wednesday, June 10th. The company reported C($0.07) EPS for the quarter. Haivision Systems had a net margin of 1.11% and a return on equity of 1.68%. The firm had revenue of C$32.54 million during the quarter. On average, equities research analysts predict that Haivision Systems Inc. will post 0.2613948 earnings per share for the current fiscal year.

Haivision Systems Company Profile

Haivision is a leading global provider of mission-critical, real-time video streaming and visual collaboration solutions. Our connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration, and support decision making. We provide high quality, low latency, secure, and reliable live video at a global scale. Haivision open sourced its award-winning SRT low latency video streaming protocol and founded the SRT Alliance to support its adoption.