Jean-Philippe Demers Sells 8,000 Shares of Haivision Systems Inc. (TSE:HAI) Stock

Haivision Systems Inc. (TSE:HAI) Senior Officer Jean-Philippe Demers sold 8,000 shares of the business’s stock in a transaction on Monday, January 20th. The stock was sold at an average price of C$4.80, for a total transaction of C$38,400.00.

Haivision Systems Price Performance

Shares of HAI opened at C$4.80 on Thursday. The company’s 50-day moving average is C$5.20 and its 200-day moving average is C$4.97. The company has a debt-to-equity ratio of 14.02, a current ratio of 1.72 and a quick ratio of 0.85. The firm has a market capitalization of C$137.04 million, a PE ratio of 26.67 and a beta of 0.58. Haivision Systems Inc. has a fifty-two week low of C$3.92 and a fifty-two week high of C$7.00.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Canaccord Genuity Group lowered shares of Haivision Systems from a “buy” rating to a “hold” rating and lowered their price objective for the stock from C$7.00 to C$5.50 in a research note on Thursday, January 16th. Acumen Capital downgraded Haivision Systems from a “buy” rating to a “hold” rating and lowered their price target for the stock from C$7.00 to C$5.25 in a research report on Thursday, January 16th.

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.