Insider Selling: Haivision Systems Inc. (TSE:HAI) Insider Sells C$22,695.13 in Stock

Haivision Systems Inc. (TSE:HAI) insider Haivision Systems Inc. sold 5,300 shares of the company’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of C$4.28, for a total transaction of C$22,695.13.

Haivision Systems Stock Up 2.3 %

Shares of TSE:HAI opened at C$6.55 on Friday. The company has a debt-to-equity ratio of 12.44, a current ratio of 1.75 and a quick ratio of 0.85. The firm has a market capitalization of C$189.75 million, a PE ratio of 50.38 and a beta of 0.59. The firm’s 50-day moving average is C$4.63 and its two-hundred day moving average is C$4.69. Haivision Systems Inc. has a 1 year low of C$3.31 and a 1 year high of C$6.85.

Haivision Systems (TSE:HAI) last issued its quarterly earnings results on Wednesday, June 12th. The company reported C$0.03 earnings per share (EPS) for the quarter. The company had revenue of C$34.17 million for the quarter. Haivision Systems had a net margin of 2.78% and a return on equity of 4.17%. Analysts predict that Haivision Systems Inc. will post 0.3300432 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have commented on HAI. Acumen Capital decreased their target price on shares of Haivision Systems from C$8.00 to C$7.60 and set a “buy” rating on the stock in a research report on Thursday, June 13th. Canaccord Genuity Group upped their target price on shares of Haivision Systems from C$7.00 to C$8.50 and gave the company a “buy” rating in a research report on Wednesday.

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.