Jean-Philippe Demers Sells 8,000 Shares of Haivision Systems Inc. (TSE:HAI) Stock

Haivision Systems Inc. (TSE:HAI) Senior Officer Jean-Philippe Demers sold 8,000 shares of the firm’s stock in a transaction dated Monday, January 20th. The stock was sold at an average price of C$4.80, for a total value of C$38,400.00.

Haivision Systems Stock Performance

Shares of HAI stock opened at C$4.90 on Friday. The company has a market capitalization of C$139.90 million, a P/E ratio of 27.22 and a beta of 0.58. Haivision Systems Inc. has a 12-month low of C$3.92 and a 12-month high of C$7.00. The business’s 50 day moving average is C$5.20 and its two-hundred day moving average is C$4.98. The company has a current ratio of 1.72, a quick ratio of 0.85 and a debt-to-equity ratio of 14.02.

Analysts Set New Price Targets

A number of brokerages have recently commented on HAI. Acumen Capital cut shares of Haivision Systems from a “buy” rating to a “hold” rating and dropped their price objective for the stock from C$7.00 to C$5.25 in a research note on Thursday, January 16th. Canaccord Genuity Group lowered shares of Haivision Systems from a “buy” rating to a “hold” rating and dropped their price target for the company from C$7.00 to C$5.50 in a research report on Thursday, January 16th.

Haivision Systems Company Profile

Haivision Systems Inc provides mission-critical, real-time video networking, and visual collaboration solutions in Canada, the United States, and internationally. The company offers Makito Series video encoders and decoders for end-to-end transport of secure and high-quality HD video; video transmitters and mobile encoders for video contribution over bonded unmanaged IP networks; Command 360, a software platform for real-time visualization of business-critical information; Haivision Kraken, a video transcoder for mission-critical ISR, situational awareness, and field monitoring applications; Haivision Hub for Government, a video network service for live and low latency video streaming between government agencies and public cloud delivery services; and Haivision Media Platform that manages, shares, and delivers secure corporate communications, real-time video feeds, and broadcast IPTV.