Fiera Capital (TSE:FSZ) Share Price Breaks Below Two Hundred Day Moving Average – What’s Next?

Fiera Capital Co. (TSE:FSZ – Get Free Report) crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of C$5.11 and traded as low as C$4.26. Fiera Capital shares last traded at C$4.28, with a volume of 340,811 shares.

Analysts Set New Price Targets

A number of research firms have weighed in on FSZ. Royal Bank Of Canada reduced their price objective on shares of Fiera Capital from C$6.00 to C$5.00 and set a “moderate buy” rating for the company in a research report on Monday, August 10th. National Bank Financial reduced their price target on shares of Fiera Capital from C$5.50 to C$5.00 and set a “sector perform” rating for the company in a research report on Monday, August 10th. Desjardins decreased their price target on shares of Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a research note on Monday, August 10th. Finally, TD lowered their price objective on Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a report on Monday, August 10th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of C$4.28.

View Our Latest Research Report on FSZ

Fiera Capital Stock Performance

The company has a debt-to-equity ratio of 350.73, a current ratio of 1.55 and a quick ratio of 1.05. The stock has a market cap of C$453.96 million, a price-to-earnings ratio of 23.78, a PEG ratio of -0.87 and a beta of 0.98. The firm has a fifty day moving average of C$4.56 and a 200 day moving average of C$5.11.

Fiera Capital (TSE:FSZ – Get Free Report) last released its quarterly earnings data on Friday, August 7th. The company reported C$0.03 earnings per share for the quarter. The company had revenue of C$155.14 million for the quarter. Fiera Capital had a return on equity of 7.95% and a net margin of 5.93%. As a group, sell-side analysts forecast that Fiera Capital Co. will post 1.0905563 EPS for the current year.

About Fiera Capital

(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.

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