Insider Selling: Haivision Systems Inc. (TSE:HAI) Senior Officer Sells 10,000 Shares of Stock

Haivision Systems Inc. (TSE:HAI) Senior Officer Daniel Rabinowitz sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, April 22nd. The shares were sold at an average price of C$4.70, for a total transaction of C$47,007.00.

Haivision Systems Stock Performance

Shares of Haivision Systems stock opened at C$4.63 on Friday. The company has a quick ratio of 0.85, a current ratio of 1.68 and a debt-to-equity ratio of 15.53. Haivision Systems Inc. has a 52 week low of C$3.31 and a 52 week high of C$5.56. The firm’s 50 day moving average is C$4.91 and its two-hundred day moving average is C$4.24. The firm has a market capitalization of C$134.32 million, a P/E ratio of 92.60 and a beta of 0.52.

Haivision Systems (TSE:HAI) last posted its earnings results on Thursday, March 14th. The company reported C$0.04 EPS for the quarter. Haivision Systems had a net margin of 1.02% and a return on equity of 1.58%. The firm had revenue of C$34.58 million for the quarter. Research analysts forecast that Haivision Systems Inc. will post 0.2697701 EPS for the current fiscal year.

Analysts Set New Price Targets

HAI has been the topic of a number of analyst reports. Canaccord Genuity Group raised their price objective on shares of Haivision Systems from C$6.75 to C$7.00 in a report on Friday, March 15th. Acumen Capital raised their price target on Haivision Systems from C$7.50 to C$8.00 in a research note on Friday, January 19th.

About Haivision Systems

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.