Haivision Systems (TSE:HAI) Shares Up 1% – What’s Next?

Haivision Systems Inc. (TSE:HAI)’s share price shot up 1% during trading on Tuesday . The company traded as high as C$5.18 and last traded at C$5.18. 13,170 shares traded hands during trading, a decline of 67% from the average session volume of 39,767 shares. The stock had previously closed at C$5.13.

Analyst Upgrades and Downgrades

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

Haivision Systems Price Performance

The company has a market cap of C$147.89 million, a PE ratio of 28.78 and a beta of 0.58. The firm’s 50-day moving average is C$5.11 and its 200-day moving average is C$4.74. The company has a quick ratio of 0.85, a current ratio of 1.72 and a debt-to-equity ratio of 14.02.

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

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.