Haivision Systems (TSE:HAI) Price Target Raised to C$12.00

Haivision Systems (TSE:HAI) had its price target hoisted by Canaccord Genuity Group from C$8.00 to C$12.00 in a research report released on Tuesday, Marketbeat Ratings reports. Canaccord Genuity Group currently has a buy rating on the stock.

Haivision Systems Stock Down 0.1%

HAI opened at C$8.78 on Tuesday. Haivision Systems has a 1-year low of C$3.67 and a 1-year high of C$9.11. The firm’s 50 day simple moving average is C$6.53 and its two-hundred day simple moving average is C$5.49. The company has a current ratio of 1.70, a quick ratio of 0.85 and a debt-to-equity ratio of 10.61. The company has a market capitalization of C$238.75 million, a PE ratio of -139.60 and a beta of 0.85.

Haivision Systems (TSE:HAI) last released its quarterly earnings results on Wednesday, January 14th. The company reported C$0.11 earnings per share (EPS) for the quarter. Haivision Systems had a return on equity of 4.96% and a net margin of 3.63%. As a group, equities analysts forecast that Haivision Systems will post 0.2613948 EPS for the current year.

Haivision Systems Company Profile

Haivision Systems Inc is a provider of infrastructure solutions for the video streaming market, servicing enterprises and governments globally. The organizations use company solutions to communicate, collaborate and educate customers and stakeholders. It delivers high quality, low latency, secure and reliable video through the entire IP video lifecycle, using a broad range of software, hardware, and services. Its geographical segments are Canada, International, and the United States, of which the majority of its revenue comes from the United States.