Haivision Systems (TSE:HAI) Given New C$5.25 Price Target at Paradigm Capital

Haivision Systems (TSE:HAI) had its target price lowered by Paradigm Capital from C$5.75 to C$5.25 in a research note released on Monday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Several other research firms have also recently weighed in on HAI. Canaccord Genuity Group cut shares of Haivision Systems from a “buy” rating to a “hold” rating and lowered their price target for the company from C$7.00 to C$5.50 in a report on Thursday, January 16th. Acumen Capital cut shares of Haivision Systems from a “buy” rating to a “hold” rating and lowered their price target for the company from C$7.00 to C$5.25 in a report on Thursday, January 16th.

Haivision Systems Stock Up 3.9 %

Haivision Systems stock opened at C$4.54 on Monday. The stock has a market cap of C$128.65 million, a P/E ratio of 28.14 and a beta of 0.58. The company has a quick ratio of 0.85, a current ratio of 1.70 and a debt-to-equity ratio of 10.61. Haivision Systems has a twelve month low of C$3.85 and a twelve month high of C$7.00. The company’s 50-day moving average price is C$4.90 and its two-hundred day moving average price is C$5.11.

Insider Transactions at Haivision Systems

In other news, Senior Officer Jean-Philippe Demers sold 8,000 shares of the firm’s stock in a transaction that occurred on Monday, January 20th. The shares were sold at an average price of C$4.80, for a total transaction of C$38,400.00. Insiders own 40.74% of the company’s stock.

Haivision Systems Company Profile

Haivision Systems Inc provides mission-critical, real-time video networking, and visual collaboration solutions in Canada, the United States, and internationally. The company offers Makito Series video encoders and decoders for end-to-end transport of secure and high-quality HD video; video transmitters and mobile encoders for video contribution over bonded unmanaged IP networks; Command 360, a software platform for real-time visualization of business-critical information; Haivision Kraken, a video transcoder for mission-critical ISR, situational awareness, and field monitoring applications; Haivision Hub for Government, a video network service for live and low latency video streaming between government agencies and public cloud delivery services; and Haivision Media Platform that manages, shares, and delivers secure corporate communications, real-time video feeds, and broadcast IPTV.