Peter Allen Drutz Sells 5,000 Shares of Savaria Co. (TSE:SIS) Stock
Savaria Co. (TSE:SIS) Director Peter Allen Drutz sold 5,000 shares of the business’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of C$13.93, for a total value of C$69,650.00. Following the completion of the sale, the director now directly owns 135,125 shares of the company’s stock, valued at approximately C$1,882,291.25.
Savaria stock traded up C$0.29 during trading hours on Wednesday, reaching C$14.17. 168,680 shares of the company were exchanged, compared to its average volume of 93,723. The firm has a market cap of $699.30 million and a price-to-earnings ratio of 30.15. The company has a current ratio of 2.44, a quick ratio of 1.33 and a debt-to-equity ratio of 33.23. The stock has a 50-day moving average of C$14.05 and a 200 day moving average of C$12.90. Savaria Co. has a 12 month low of C$10.55 and a 12 month high of C$15.45.
Savaria (TSE:SIS) last released its quarterly earnings results on Wednesday, November 13th. The company reported C$0.15 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.12 by C$0.03. The firm had revenue of C$96.43 million during the quarter, compared to the consensus estimate of C$100.13 million. As a group, research analysts forecast that Savaria Co. will post 0.61 EPS for the current year.
Separately, National Bank Financial increased their price objective on Savaria from C$15.00 to C$16.00 and gave the company an “outperform” rating in a report on Friday, November 15th.
Savaria Company Profile
Savaria Corporation designs, engineers, and manufactures products for personal mobility in Canada, the United States, and internationally. The company operates in three segments: Accessibility, Adapted Vehicles, and the Span. The Accessibility segment manufactures and distributes residential and commercial accessibility equipment for people with mobility challenges; and operates network of franchisees and corporate stores.
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