Fiera Capital (TSE:FSZ) Hits New 12-Month Low – Should You Sell?

Shares of Fiera Capital Co. (TSE:FSZ) hit a new 52-week low during trading on Tuesday . The company traded as low as C$5.95 and last traded at C$6.00, with a volume of 306926 shares changing hands. The stock had previously closed at C$6.12.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. BMO Capital Markets decreased their price target on shares of Fiera Capital from C$10.00 to C$9.00 in a research note on Thursday, January 30th. TD Securities decreased their target price on shares of Fiera Capital from C$8.50 to C$6.50 and set a “hold” rating for the company in a research note on Thursday, February 27th. National Bankshares raised Fiera Capital from an “underperform” rating to a “sector perform” rating and dropped their price target for the stock from C$8.50 to C$7.00 in a research report on Thursday, February 27th. National Bank Financial raised Fiera Capital from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 26th. Finally, Scotiabank dropped their target price on Fiera Capital from C$10.00 to C$8.75 and set a “sector perform” rating on the stock in a report on Thursday, February 27th. Six research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of C$7.54.

Fiera Capital Stock Performance

The business’s fifty day moving average is C$7.63 and its two-hundred day moving average is C$8.41. The company has a current ratio of 1.31, a quick ratio of 1.05 and a debt-to-equity ratio of 261.73. The company has a market capitalization of C$5.94 million, a PE ratio of 9.96, a price-to-earnings-growth ratio of -0.87 and a beta of 0.91.

Insider Activity

In other news, insider FIERA CAPITAL S.E.C. sold 10,467 shares of the firm’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of C$8.89, for a total value of C$93,028.60. Corporate insiders own 0.86% of the company’s stock.

Fiera Capital Company Profile

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.