Haivision Systems (TSE:HAI) Trading Up 1% – Here’s Why

Haivision Systems Inc. (TSE:HAI) shares were up 1% during trading on Tuesday . The company traded as high as C$5.18 and last traded at C$5.18. Approximately 13,170 shares traded hands during trading, a decline of 67% from the average daily volume of 39,767 shares. The stock had previously closed at C$5.13.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group lowered their price objective on Haivision Systems from C$8.50 to C$7.00 and set a “buy” rating on the stock in a research report on Friday, September 13th.

Haivision Systems Stock Performance

The company has a debt-to-equity ratio of 14.02, a quick ratio of 0.85 and a current ratio of 1.72. The company has a market cap of C$147.89 million, a PE ratio of 28.78 and a beta of 0.58. The business’s 50-day moving average is C$5.11 and its 200 day moving average is C$4.74.

Haivision Systems (TSE:HAI) last released its quarterly earnings data on Wednesday, September 11th. The company reported C$0.01 EPS for the quarter. The firm had revenue of C$30.65 million for the quarter. Haivision Systems had a return on equity of 5.66% and a net margin of 3.83%. On average, equities research analysts predict that Haivision Systems Inc. will post 0.2613948 EPS for the current fiscal year.

Haivision Systems Company Profile

Haivision Systems Inc provides mission-critical, real-time video networking, and visual collaboration solutions in Canada, the United States, and internationally. The company offers Makito Series video encoders and decoders for end-to-end transport of secure and high-quality HD video; video transmitters and mobile encoders for video contribution over bonded unmanaged IP networks; Command 360, a software platform for real-time visualization of business-critical information; Haivision Kraken, a video transcoder for mission-critical ISR, situational awareness, and field monitoring applications; Haivision Hub for Government, a video network service for live and low latency video streaming between government agencies and public cloud delivery services; and Haivision Media Platform that manages, shares, and delivers secure corporate communications, real-time video feeds, and broadcast IPTV.