Alain Tremblay Sells 10,000 Shares of Savaria Co. (TSE:SIS) Stock

Savaria Co. (TSE:SIS) Director Alain Tremblay sold 10,000 shares of Savaria stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of C$19.61, for a total value of C$196,092.00.

Savaria Trading Up 0.8%

Savaria stock opened at C$19.72 on Monday. The company has a current ratio of 1.97, a quick ratio of 0.91 and a debt-to-equity ratio of 54.11. The business’s fifty day simple moving average is C$17.05 and its two-hundred day simple moving average is C$18.91. Savaria Co. has a 12 month low of C$14.97 and a 12 month high of C$23.92. The company has a market capitalization of C$1.42 billion, a price-to-earnings ratio of 30.85, a price-to-earnings-growth ratio of 42.72 and a beta of 0.90.

Analyst Upgrades and Downgrades

SIS has been the topic of several research reports. National Bankshares dropped their price target on Savaria from C$27.00 to C$24.00 and set an “outperform” rating on the stock in a research report on Friday, March 7th. Scotiabank dropped their price target on Savaria from C$25.00 to C$22.00 and set an “outperform” rating on the stock in a research report on Friday, March 7th. Stifel Nicolaus dropped their price target on Savaria from C$25.00 to C$24.00 and set a “buy” rating on the stock in a research report on Friday, March 7th. Cormark upgraded Savaria from a “hold” rating to a “moderate buy” rating in a research report on Friday, March 7th. Finally, Raymond James dropped their target price on Savaria from C$27.50 to C$24.00 and set an “outperform” rating on the stock in a report on Friday, March 7th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Savaria has a consensus rating of “Buy” and an average target price of C$23.83.

About Savaria

Savaria Corp designs, engineers, and manufactures products for personal mobility. Its products include home elevators, wheelchair lifts, commercial elevators, ceiling lifts, stairlifts, and van conversions. The company’s operating segments are the Accessibility, Adapted Vehicles, and Patient Handling, divisions.