Haivision Systems (TSE:HAI) Upgraded by Canaccord Genuity Group to Moderate Buy Rating

Haivision Systems (TSE:HAI) was upgraded by research analysts at Canaccord Genuity Group from a “hold” rating to a “moderate buy” rating in a research report issued to clients and investors on Friday,Zacks.com reports.

Haivision Systems Stock Up 4.2%

Haivision Systems stock opened at C$6.70 on Friday. The firm has a 50 day moving average price of C$5.34 and a 200-day moving average price of C$5.06. The company has a quick ratio of 0.85, a current ratio of 1.70 and a debt-to-equity ratio of 10.61. Haivision Systems has a twelve month low of C$3.67 and a twelve month high of C$7.00. The company has a market capitalization of C$183.12 million, a P/E ratio of -134.00 and a beta of 0.55.

Haivision Systems (TSE:HAI) last posted its quarterly earnings results on Wednesday, September 10th. The company reported C$0.01 EPS for the quarter. Haivision Systems had a net margin of 3.63% and a return on equity of 4.96%. The company had revenue of C$35.02 million for the quarter. As a group, equities analysts predict that Haivision Systems will post 0.2613948 EPS for the current year.

Haivision Systems Company Profile

Haivision Systems Inc is a provider of infrastructure solutions for the video streaming market, servicing enterprises and governments globally. The organizations use company solutions to communicate, collaborate and educate customers and stakeholders. It delivers high quality, low latency, secure and reliable video through the entire IP video lifecycle, using a broad range of software, hardware, and services. Its geographical segments are Canada, International, and the United States, of which the majority of its revenue comes from the United States.