Fiera Capital (TSE:FSZ) Share Price Breaks Below 200 Day Moving Average – Should You Sell?

Fiera Capital Co. (TSE:FSZ) passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of C$5.07 and traded as low as C$4.20. Fiera Capital shares last traded at C$4.27, with a volume of 191,120 shares traded.

Analysts Set New Price Targets

FSZ has been the subject of a number of recent analyst reports. Royal Bank Of Canada cut their price target on shares of Fiera Capital from C$6.00 to C$5.00 and set a “moderate buy” rating for the company in a report on Monday, August 10th. Desjardins decreased their target price on Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a research report on Monday, August 10th. TD reduced their price target on shares of Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a research note on Monday, August 10th. Finally, National Bank Financial dropped their price objective on shares of Fiera Capital from C$5.50 to C$5.00 and set a “sector perform” rating for the company in a research note on Monday, August 10th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Fiera Capital has an average rating of “Hold” and a consensus price target of C$4.27.

Fiera Capital Stock Up 1.7%

The stock has a 50-day moving average price of C$4.49 and a 200-day moving average price of C$5.07. The company has a debt-to-equity ratio of 350.73, a current ratio of 1.55 and a quick ratio of 1.05. The company has a market capitalization of C$452.90 million, a P/E ratio of 23.72, a P/E/G ratio of -0.87 and a beta of 0.98.

Fiera Capital (TSE:FSZ) last announced its earnings results on Friday, August 7th. The company reported C$0.03 EPS for the quarter. Fiera Capital had a return on equity of 7.95% and a net margin of 5.93%.The business had revenue of C$155.14 million for the quarter. On average, research analysts predict that Fiera Capital Co. will post 1.0905563 EPS for the current fiscal year.

About Fiera Capital

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.