Fiera Capital (TSE:FSZ) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Fiera Capital Co. (TSE:FSZGet Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$5.62 and traded as low as C$5.26. Fiera Capital shares last traded at C$5.32, with a volume of 243,819 shares.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on FSZ. Royal Bank Of Canada set a C$6.00 target price on Fiera Capital and gave the company a “sector perform” rating in a research note on Tuesday, April 28th. Desjardins cut their price target on Fiera Capital from C$6.50 to C$6.25 and set a “hold” rating for the company in a report on Monday, April 27th. Finally, National Bank Financial reduced their price objective on Fiera Capital from C$7.00 to C$6.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Moderate Buy rating, Based on data from MarketBeat, Fiera Capital presently has a consensus rating of “Moderate Buy” and a consensus price target of C$5.23.

Get Our Latest Research Report on Fiera Capital

Fiera Capital Stock Performance

The stock has a market capitalization of C$554.72 million, a P/E ratio of 27.53, a PEG ratio of -0.87 and a beta of 1.05. The firm has a 50-day moving average of C$5.35 and a 200 day moving average of C$5.61. The company has a quick ratio of 1.05, a current ratio of 21.93 and a debt-to-equity ratio of 344.23.

Fiera Capital (TSE:FSZGet Free Report) last posted its quarterly earnings results on Friday, May 8th. The company reported C$0.21 earnings per share for the quarter. The firm had revenue of C$153.31 million for the quarter. Fiera Capital had a net margin of 5.98% and a return on equity of 7.80%. Research analysts anticipate that Fiera Capital Co. will post 1.0905563 EPS for the current fiscal year.

Fiera Capital Company Profile

(Get Free Report)

Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients. It invests in the public equity and fixed income markets across the globe with a focus on Canada. The firm primarily invests in growth and value stocks of small-cap companies.

See Also

Receive News & Ratings for Fiera Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiera Capital and related companies with MarketBeat.com's FREE daily email newsletter.