Sienna Senior Living (TSE:SIA) Stock Crosses Below Fifty Day Moving Average – Should You Sell?

Shares of Sienna Senior Living Inc. (TSE:SIA) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$18.49 and traded as low as C$17.90. Sienna Senior Living shares last traded at C$17.97, with a volume of 256,684 shares trading hands.

Analysts Set New Price Targets

A number of research analysts recently commented on SIA shares. Desjardins increased their price target on Sienna Senior Living from C$20.00 to C$21.00 and gave the company a “buy” rating in a report on Thursday, August 14th. Royal Bank Of Canada raised Sienna Senior Living from a “hold” rating to a “moderate buy” rating and increased their price target for the company from C$18.00 to C$19.00 in a report on Thursday, May 22nd. TD Securities increased their price target on Sienna Senior Living from C$20.00 to C$21.00 and gave the company a “buy” rating in a report on Thursday, May 8th. Finally, CIBC increased their price target on Sienna Senior Living from C$18.00 to C$19.00 and gave the company a “neutral” rating in a report on Thursday, May 8th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of C$18.93.

Sienna Senior Living Trading Down 0.2%

The company has a debt-to-equity ratio of 215.47, a quick ratio of 0.23 and a current ratio of 0.43. The business has a fifty day simple moving average of C$18.49 and a 200 day simple moving average of C$17.32. The company has a market cap of C$1.49 billion, a P/E ratio of 44.49 and a beta of 1.20.

Sienna Senior Living Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, September 15th. Shareholders of record on Monday, September 15th will be issued a dividend of $0.078 per share. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Friday, August 29th. Sienna Senior Living’s dividend payout ratio (DPR) 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.