Haivision Systems (TSE:HAI) Sets New 1-Year Low – Should You Sell?

Shares of Haivision Systems Inc. (TSE:HAI) hit a new 52-week low during trading on Thursday . The company traded as low as C$3.91 and last traded at C$4.09, with a volume of 75161 shares changing hands. The stock had previously closed at C$4.23.

Haivision Systems Trading Down 3.3%

The stock’s fifty day simple moving average is C$4.43 and its two-hundred day simple moving average is C$6.06. The firm has a market cap of C$112.26 million, a PE ratio of 81.80 and a beta of 0.91. The company has a quick ratio of 0.85, a current ratio of 1.56 and a debt-to-equity ratio of 11.59.

Haivision Systems (TSE:HAI) last issued its quarterly earnings results on Wednesday, September 9th. The company reported C($0.08) earnings per share for the quarter. Haivision Systems had a net margin of 1.11% and a return on equity of 1.68%. The company had revenue of C$34.54 million for the quarter. On average, sell-side analysts forecast that Haivision Systems Inc. will post 0.2613948 EPS for the current fiscal year.

Haivision Systems Company Profile

Haivision is a leading global provider of mission-critical, real-time video streaming and visual collaboration solutions. Our connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration, and support decision making. We provide high quality, low latency, secure, and reliable live video at a global scale. Haivision open sourced its award-winning SRT low latency video streaming protocol and founded the SRT Alliance to support its adoption.