Insider Selling: Haivision Systems Inc. (TSE:HAI) Senior Officer Sells 10,000 Shares of Stock

Haivision Systems Inc. (TSE:HAI) Senior Officer Daniel Rabinowitz sold 10,000 shares of Haivision Systems stock in a transaction on Monday, April 22nd. The shares were sold at an average price of C$4.70, for a total value of C$47,007.00.

Haivision Systems Price Performance

Shares of Haivision Systems stock traded down C$0.08 during trading hours on Tuesday, hitting C$4.67. The company’s stock had a trading volume of 267 shares, compared to its average volume of 41,420. Haivision Systems Inc. has a 12-month low of C$3.31 and a 12-month high of C$5.56. The company has a debt-to-equity ratio of 15.53, a quick ratio of 0.85 and a current ratio of 1.68. The business has a 50 day moving average price of C$4.92 and a two-hundred day moving average price of C$4.22. The company has a market cap of C$135.48 million, a PE ratio of 93.40 and a beta of 0.52.

Haivision Systems (TSE:HAI) last issued its earnings results on Thursday, March 14th. The company reported C$0.04 earnings per share (EPS) for the quarter. Haivision Systems had a return on equity of 1.58% and a net margin of 1.02%. The firm had revenue of C$34.58 million for the quarter. Analysts expect that Haivision Systems Inc. will post 0.2697701 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on HAI shares. Canaccord Genuity Group lifted their target price on Haivision Systems from C$6.75 to C$7.00 in a research report on Friday, March 15th. Acumen Capital boosted their price objective on Haivision Systems from C$7.50 to C$8.00 in a research report on Friday, January 19th.

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.