Haivision Systems (TSE:HAI) Shares Down 1.1% – Here’s What Happened

Haivision Systems Inc. (TSE:HAI)’s stock price traded down 1.1% during mid-day trading on Thursday . The stock traded as low as C$4.35 and last traded at C$4.35. Approximately 17,608 shares traded hands during trading, a decline of 76% from the average session volume of 72,847 shares. The stock had previously closed at C$4.40.

Haivision Systems Stock Performance

The firm has a market cap of C$119.40 million, a P/E ratio of 87.00 and a beta of 0.92. The company’s 50 day moving average is C$4.45 and its two-hundred day moving average is C$6.48. The company has a debt-to-equity ratio of 11.59, a current ratio of 1.56 and a quick ratio of 0.85.

Haivision Systems (TSE:HAI) last issued its quarterly earnings results on Wednesday, June 10th. The company reported C($0.07) earnings per share (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 for the quarter. On average, sell-side analysts predict that Haivision Systems Inc. will post 0.2613948 earnings per share for the current year.

About Haivision Systems

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.