Haivision Systems (TSE:HAI) Reaches New 1-Year Low – Here’s Why

Haivision Systems Inc. (TSE:HAI)’s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as C$4.21 and last traded at C$4.28, with a volume of 24751 shares trading hands. The stock had previously closed at C$4.48.

Haivision Systems Stock Performance

The company’s 50-day simple moving average is C$4.96 and its 200 day simple moving average is C$6.79. The company has a current ratio of 1.56, a quick ratio of 0.85 and a debt-to-equity ratio of 11.59. The stock has a market cap of C$115.56 million, a P/E ratio of 84.20 and a beta of 0.93.

Haivision Systems (TSE:HAI) last released its earnings results on Wednesday, June 10th. The company reported C($0.07) earnings per share (EPS) for the quarter. The business had revenue of C$32.54 million during the quarter. Haivision Systems had a net margin of 1.11% and a return on equity of 1.68%. As a group, sell-side analysts expect that Haivision Systems Inc. will post 0.2613948 EPS for the current fiscal year.

Haivision Systems Company Profile

Haivision is a leading global provider of mission-critical, real-time video streaming and visual collaboration solutions. Our connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration, and support decision making. We provide high quality, low latency, secure, and reliable live video at a global scale. Haivision open sourced its award-winning SRT low latency video streaming protocol and founded the SRT Alliance to support its adoption.