Haivision Systems (TSE:HAI) Sets New 1-Year Low – Here’s What Happened

Haivision Systems Inc. (TSE:HAI) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$4.25 and last traded at C$4.25, with a volume of 16092 shares trading hands. The stock had previously closed at C$4.39.

Haivision Systems Stock Performance

The business’s fifty day moving average price is C$5.13 and its 200-day moving average price is C$6.83. The stock has a market cap of C$116.65 million, a PE ratio of 85.00 and a beta of 0.93. The company has a debt-to-equity ratio of 11.59, a quick ratio of 0.85 and a current ratio of 1.56.

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

About Haivision Systems

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.