Canaccord Genuity Group Downgrades Haivision Systems (TSE:HAI) to Hold

Canaccord Genuity Group downgraded shares of Haivision Systems (TSE:HAI) from a buy rating to a hold rating in a research report report published on Thursday morning, Marketbeat reports. Canaccord Genuity Group currently has C$5.50 price objective on the stock, down from their prior price objective of C$7.00.

Haivision Systems Trading Up 4.7 %

HAI opened at C$4.92 on Thursday. The company has a debt-to-equity ratio of 14.02, a current ratio of 1.72 and a quick ratio of 0.85. The company’s 50 day simple moving average is C$5.23 and its two-hundred day simple moving average is C$4.96. Haivision Systems has a 1-year low of C$3.92 and a 1-year high of C$7.00. The firm has a market capitalization of C$140.47 million, a price-to-earnings ratio of 27.33 and a beta of 0.58.

About Haivision Systems

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.