Fiera Capital (TSE:FSZ) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Fiera Capital Co. (TSE:FSZ)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$6.20 and traded as low as C$5.54. Fiera Capital shares last traded at C$5.62, with a volume of 937,931 shares traded.

Analyst Ratings Changes

FSZ has been the topic of a number of research reports. Desjardins lowered their price objective on shares of Fiera Capital from C$6.75 to C$6.50 and set a “hold” rating on the stock in a research note on Tuesday, February 3rd. National Bank Financial reduced their price target on shares of Fiera Capital from C$7.50 to C$7.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 4th. Finally, TD Securities lowered their price target on shares of Fiera Capital from C$6.50 to C$6.00 and set a “hold” rating on the stock in a research report on Friday, February 27th.

Fiera Capital Trading Down 2.9%

The firm has a market capitalization of C$599.22 million, a PE ratio of 16.53, a P/E/G ratio of -0.87 and a beta of 1.10. The company has a quick ratio of 1.05, a current ratio of 23.38 and a debt-to-equity ratio of 313.06. The business’s fifty day moving average price is C$5.98 and its 200 day moving average price is C$6.20.

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.