Fiera Capital (TSE:FSZ) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Fiera Capital Co. (TSE:FSZ)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$5.74 and traded as low as C$5.25. Fiera Capital shares last traded at C$5.36, with a volume of 232,732 shares traded.

Wall Street Analyst Weigh In

FSZ has been the subject of several recent research reports. Desjardins dropped their price objective on shares of Fiera Capital from C$6.50 to C$6.25 and set a “hold” rating for the company in a research report on Monday, April 27th. Royal Bank Of Canada set a C$6.00 price objective on shares of Fiera Capital and gave the stock a “sector perform” rating in a research report on Tuesday, April 28th. TD Securities dropped their price objective on shares of Fiera Capital from C$6.50 to C$6.00 and set a “hold” rating for the company in a research report on Friday, February 27th. Finally, National Bank Financial dropped their price objective on shares of Fiera Capital from C$7.00 to C$6.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 12th. One equities research analyst has rated the stock with a Moderate Buy rating, According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$5.36.

Fiera Capital Stock Up 2.3%

The firm has a market capitalization of C$568.51 million, a PE ratio of 28.21, a P/E/G ratio of -0.87 and a beta of 1.05. The firm’s 50 day moving average price is C$5.50 and its two-hundred day moving average price is C$5.74. The company has a quick ratio of 1.05, a current ratio of 21.93 and a debt-to-equity ratio of 344.23.

Fiera Capital (TSE:FSZ) last announced its earnings results on Friday, May 8th. The company reported C$0.21 earnings per share for the quarter. Fiera Capital had a net margin of 5.98% and a return on equity of 7.80%. The business had revenue of C$153.31 million during the quarter. As a group, research analysts forecast that Fiera Capital Co. will post 1.0905563 EPS for the current fiscal year.

About Fiera Capital

Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients. It invests in the public equity and fixed income markets across the globe with a focus on Canada. The firm primarily invests in growth and value stocks of small-cap companies.