Savaria (TSE:SIS) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Savaria Co. (TSE:SIS) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$23.06 and traded as high as C$24.27. Savaria shares last traded at C$24.25, with a volume of 164,270 shares trading hands.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. National Bankshares upped their price objective on shares of Savaria from C$26.00 to C$30.00 in a report on Monday, December 22nd. Stifel Nicolaus upped their target price on shares of Savaria from C$26.00 to C$28.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. TD Securities lifted their price target on Savaria from C$24.00 to C$27.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Finally, Scotiabank increased their price objective on Savaria from C$25.00 to C$26.00 in a research note on Monday, November 10th. Six equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Savaria presently has an average rating of “Buy” and a consensus price target of C$26.67.

Savaria Price Performance

The company has a market capitalization of C$1.74 billion, a P/E ratio of 27.87, a price-to-earnings-growth ratio of 42.72 and a beta of 1.03. The business’s 50-day moving average is C$23.06 and its two-hundred day moving average is C$21.72. The company has a quick ratio of 0.91, a current ratio of 1.97 and a debt-to-equity ratio of 54.11.

Savaria (TSE:SIS) last posted its quarterly earnings data on Wednesday, November 5th. The company reported C$0.32 EPS for the quarter. Savaria had a net margin of 5.34% and a return on equity of 8.24%. The firm had revenue of C$224.77 million during the quarter. As a group, analysts predict that Savaria Co. will post 1.2048518 earnings per share for the current year.

Savaria Company Profile

Savaria Corporation ( savaria.com ) is a global leader in the accessibility industry. It provides accessibility solutions for the physically challenged to increase their comfort, their mobility and their independence. Its product line is one of the most comprehensive on the market. Savaria designs, manufactures, distributes and installs accessibility equipment, such as stairlifts for straight and curved stairs, vertical and inclined wheelchair lifts and elevators for home and commercial use. It also manufactures and markets a comprehensive selection of pressure management products for the medical market, medical beds for the long-term care market, as well as an extensive line of medical equipment and solutions for the safe handling of patients, including ceiling lifts and slings.