Fiera Capital (TSE:FSZ) Shares Cross Below 200-Day Moving Average – What’s Next?

Fiera Capital Co. (TSE:FSZ) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$5.74 and traded as low as C$5.25. Fiera Capital shares last traded at C$5.36, with a volume of 232,732 shares.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Desjardins dropped their price objective on Fiera Capital from C$6.50 to C$6.25 and set a “hold” rating on the stock in a report on Monday, April 27th. TD Securities decreased their target price on Fiera Capital from C$6.50 to C$6.00 and set a “hold” rating for the company in a research note on Friday, February 27th. National Bank Financial lowered their price target on Fiera Capital from C$7.00 to C$6.00 and set a “sector perform” rating for the company in a report on Tuesday, May 12th. Finally, Royal Bank Of Canada set a C$6.00 price target on shares of Fiera Capital and gave the company a “sector perform” rating in a research note on Tuesday, April 28th. One equities research analyst has rated the stock with a Moderate Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$5.36.

Fiera Capital Stock Performance

The company has a market cap of C$568.51 million, a price-to-earnings ratio of 28.21, a price-to-earnings-growth ratio of -0.87 and a beta of 1.05. The firm has a 50-day simple moving average of C$5.50 and a 200 day simple moving average of C$5.74. The company has a quick ratio of 1.05, a current ratio of 21.93 and a debt-to-equity ratio of 344.23.

Fiera Capital (TSE:FSZ) last posted its quarterly earnings data on Friday, May 8th. The company reported C$0.21 earnings per share for the quarter. The business had revenue of C$153.31 million during the quarter. Fiera Capital had a return on equity of 7.80% and a net margin of 5.98%. On average, sell-side analysts predict that Fiera Capital Co. will post 1.0905563 earnings per share for the current fiscal year.

Fiera Capital Company Profile

Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients. It invests in the public equity and fixed income markets across the globe with a focus on Canada. The firm primarily invests in growth and value stocks of small-cap companies.