Haivision Systems (TSE:HAI) Trading 1% Higher – What’s Next?

Haivision Systems Inc. (TSE:HAI) shares shot up 1% during trading on Monday . The stock traded as high as C$5.10 and last traded at C$5.00. 18,212 shares were traded during trading, a decline of 54% from the average session volume of 39,620 shares. The stock had previously closed at C$4.95.

Analyst Ratings Changes

Separately, Canaccord Genuity Group cut their target price on shares of Haivision Systems from C$8.50 to C$7.00 and set a “buy” rating for the company in a report on Friday, September 13th.

Haivision Systems Price Performance

The firm has a market capitalization of C$142.75 million, a P/E ratio of 27.78 and a beta of 0.58. The company has a current ratio of 1.72, a quick ratio of 0.85 and a debt-to-equity ratio of 14.02. The firm has a 50 day moving average price of C$5.21 and a 200-day moving average price of C$4.71.

Haivision Systems (TSE:HAI) last posted its quarterly earnings data on Wednesday, September 11th. The company reported C$0.01 EPS for the quarter. Haivision Systems had a net margin of 3.83% and a return on equity of 5.66%. The company had revenue of C$30.65 million during the quarter. On average, analysts expect that Haivision Systems Inc. will post 0.2613948 earnings per share for the current year.

Haivision Systems Company Profile

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.