Haivision Systems (TSE:HAI) Price Target Cut to C$5.25 by Analysts at Paradigm Capital

Haivision Systems (TSE:HAI) had its price target reduced by research analysts at Paradigm Capital from C$5.75 to C$5.25 in a research report issued on Monday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Paradigm Capital’s target price suggests a potential upside of 15.89% from the stock’s current price.

HAI has been the subject of a number of other research reports. Canaccord Genuity Group downgraded shares of Haivision Systems from a “buy” rating to a “hold” rating and decreased their price target for the stock from C$7.00 to C$5.50 in a research report on Thursday, January 16th. Acumen Capital lowered shares of Haivision Systems from a “buy” rating to a “hold” rating and decreased their price objective for the stock from C$7.00 to C$5.25 in a report on Thursday, January 16th.

Haivision Systems Stock Up 3.7 %

Shares of TSE HAI traded up C$0.16 during midday trading on Monday, reaching C$4.53. 7,360 shares of the company’s stock were exchanged, compared to its average volume of 56,917. The company has a debt-to-equity ratio of 10.61, a quick ratio of 0.85 and a current ratio of 1.70. Haivision Systems has a 52-week low of C$3.85 and a 52-week high of C$7.00. The business’s fifty day moving average price is C$4.92 and its two-hundred day moving average price is C$5.11. The stock has a market capitalization of C$128.37 million, a PE ratio of 28.08 and a beta of 0.58.

Insiders Place Their Bets

In related news, Senior Officer Jean-Philippe Demers sold 8,000 shares of the business’s stock in a transaction that occurred 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. 40.74% of the stock is currently owned by corporate insiders.

About Haivision Systems

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.