Fiera Capital (TSE:FSZ) Shares Cross Below 200-Day Moving Average – Time to Sell?

Shares of Fiera Capital Co. (TSE:FSZ) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$6.39 and traded as low as C$5.90. Fiera Capital shares last traded at C$5.97, with a volume of 270,654 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Desjardins raised their target price on shares of Fiera Capital from C$6.23 to C$6.50 and gave the stock a “hold” rating in a report on Wednesday, October 29th.

Fiera Capital Trading Up 0.3%

The company has a market cap of C$640.80 million, a P/E ratio of 22.26, a PEG ratio of -0.87 and a beta of 1.23. The firm’s 50 day moving average is C$6.11 and its two-hundred day moving average is C$6.40. The company has a quick ratio of 1.05, a current ratio of 1.31 and a debt-to-equity ratio of 261.73.

Fiera Capital (TSE:FSZ) last announced its earnings results on Thursday, November 13th. The company reported C$0.23 earnings per share (EPS) for the quarter. Fiera Capital had a return on equity of 21.21% and a net margin of 9.25%.The business had revenue of C$167.09 million during the quarter. As a group, equities research analysts anticipate that Fiera Capital Co. will post 1.0905563 EPS for the current year.

About Fiera Capital

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.