Fiera Capital (TSE:FSZ) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Fiera Capital Co. (TSE:FSZ)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$5.84 and traded as low as C$5.40. Fiera Capital shares last traded at C$5.41, with a volume of 393,543 shares traded.

Analysts Set New Price Targets

A number of research firms recently commented on FSZ. Royal Bank Of Canada set a C$6.00 price objective on Fiera Capital and gave the stock a “sector perform” rating in a research report on Tuesday, April 28th. TD Securities dropped their price objective on Fiera Capital from C$6.50 to C$6.00 and set a “hold” rating for the company in a research report on Friday, February 27th. National Bank Financial dropped their price objective on Fiera Capital from C$7.00 to C$6.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 12th. Finally, Desjardins dropped their price objective on Fiera Capital from C$6.50 to C$6.25 and set a “hold” rating for the company in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Moderate Buy rating, According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$5.41.

Fiera Capital Stock Down 0.7%

The firm has a market capitalization of C$573.81 million, a price-to-earnings ratio of 28.47, a price-to-earnings-growth ratio of -0.87 and a beta of 1.12. The company has a current ratio of 21.93, a quick ratio of 1.05 and a debt-to-equity ratio of 344.23. The firm has a 50 day moving average price of C$5.48 and a two-hundred day moving average price of C$5.84.

Fiera Capital (TSE:FSZ) last released its quarterly earnings data on Friday, May 8th. The company reported C$0.21 earnings per share for the quarter. The business had revenue of C$153.31 million for the quarter. Fiera Capital had a return on equity of 7.80% and a net margin of 5.98%. On average, equities analysts expect that Fiera Capital Co. will post 1.0905563 earnings per share for the current fiscal year.

Fiera Capital Company Profile

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. It invests in the public equity and fixed income markets across the globe with a focus on Canada. The firm primarily invests in growth and value stocks of small-cap companies.