Sienna Senior Living (TSE:SIA) Share Price Crosses Above 50-Day Moving Average – Should You Sell?

Sienna Senior Living Inc. (TSE:SIA) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$15.97 and traded as high as C$16.01. Sienna Senior Living shares last traded at C$15.67, with a volume of 294,559 shares trading hands.

Analyst Ratings Changes

A number of research analysts recently weighed in on SIA shares. BMO Capital Markets set a C$17.00 target price on shares of Sienna Senior Living and gave the company an “outperform” rating in a report on Thursday, January 30th. TD Securities set a C$20.00 price objective on shares of Sienna Senior Living and gave the stock a “buy” rating in a research note on Friday, February 28th. Finally, CIBC reduced their price target on Sienna Senior Living from C$19.00 to C$18.00 in a report on Friday, February 28th. Two research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Sienna Senior Living currently has a consensus rating of “Moderate Buy” and a consensus target price of C$17.86.

Sienna Senior Living Stock Performance

The business has a 50-day moving average of C$15.97 and a two-hundred day moving average of C$16.17. The company has a debt-to-equity ratio of 215.47, a current ratio of 0.43 and a quick ratio of 0.23. The company has a market cap of C$1.33 billion, a P/E ratio of 39.81 and a beta of 1.20.

Sienna Senior Living Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, March 14th were given a $0.078 dividend. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.82%. The ex-dividend date of this dividend was Friday, February 28th. Sienna Senior Living’s payout ratio is currently 232.73%.

Sienna Senior Living Company Profile

Sienna Senior Living Inc is one of the largest owners of seniors’ housing, the largest licensed long-term care operator in Ontario, and a provider of services across the full continuum of care. The firm operates solely within Canada. The company is comprised of the following main business segments, LTC Business, Retirement and Other.