Sienna Senior Living (TSE:SIA) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

Sienna Senior Living Inc. (TSE:SIA) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$15.56 and traded as high as C$15.94. Sienna Senior Living shares last traded at C$15.92, with a volume of 239,395 shares changing hands.

Analyst Ratings Changes

SIA has been the topic of a number of research analyst reports. TD Securities set a C$20.00 price target on shares of Sienna Senior Living and gave the company a “buy” rating in a research note on Friday, February 28th. CIBC reduced their price target on shares of Sienna Senior Living from C$19.00 to C$18.00 in a research note on Friday, February 28th. Finally, BMO Capital Markets set a C$17.00 price target on shares of Sienna Senior Living and gave the company an “outperform” rating in a research note on Thursday, January 30th. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Sienna Senior Living currently has a consensus rating of “Moderate Buy” and a consensus price target of C$17.86.

Sienna Senior Living Trading Up 1.7 %

The business’s fifty day moving average is C$15.56 and its 200-day moving average is C$16.16. The firm has a market cap of C$1.32 billion, a P/E ratio of 39.42 and a beta of 1.20. The company has a debt-to-equity ratio of 215.47, a quick ratio of 0.23 and a current ratio of 0.43.

Sienna Senior Living Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, March 14th were issued a dividend of $0.078 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.94 annualized dividend and a yield of 5.88%. Sienna Senior Living’s payout ratio is 232.73%.

Sienna Senior Living Company Profile

Sienna Senior Living Inc provides senior living and long-term care (LTC) services in Canada. The company operates through Retirement and LTC segments. It offers independent supportive and assisted living, memory care, and long-term care services; and management services to senior living residences. The company was formerly known as Leisureworld Senior Care Corporation and changed its name to Sienna Senior Living Inc in May 2015.