Sienna Senior Living (TSE:SIA) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

Sienna Senior Living Inc. (TSE:SIA)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$15.56 and traded as high as C$15.94. Sienna Senior Living shares last traded at C$15.92, with a volume of 239,395 shares traded.

Analyst Upgrades and Downgrades

Several research firms have issued reports on SIA. BMO Capital Markets set a C$17.00 price target on shares of Sienna Senior Living and gave the stock an “outperform” rating in a report on Thursday, January 30th. TD Securities set a C$20.00 price target on shares of Sienna Senior Living and gave the stock a “buy” rating in a report on Friday, February 28th. Finally, CIBC lowered their price objective on shares of Sienna Senior Living from C$19.00 to C$18.00 in a research note on Friday, February 28th. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Sienna Senior Living currently has an average rating of “Moderate Buy” and a consensus price target of C$17.86.

Sienna Senior Living Stock Up 1.7 %

The firm’s 50 day moving average price is C$15.56 and its two-hundred day moving average price is C$16.16. The company has a market cap of C$1.32 billion, a P/E ratio of 39.42 and a beta of 1.20. The company has a debt-to-equity ratio of 215.47, a quick ratio of 0.23 and a current ratio of 0.43.

Sienna Senior Living Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 14th. Investors of record on Friday, March 14th were given a $0.078 dividend. This represents a $0.94 annualized dividend and a yield of 5.88%. The ex-dividend date of this dividend was Friday, February 28th. Sienna Senior Living’s payout ratio is currently 232.73%.

Sienna Senior Living Company Profile

Sienna Senior Living Inc provides senior living and long-term care (LTC) services in Canada. The company operates through Retirement and LTC segments. It offers independent supportive and assisted living, memory care, and long-term care services; and management services to senior living residences. The company was formerly known as Leisureworld Senior Care Corporation and changed its name to Sienna Senior Living Inc in May 2015.