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

Shares of Fiera Capital Co. (TSE:FSZ) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$6.42 and traded as low as C$6.10. Fiera Capital shares last traded at C$6.12, with a volume of 171,079 shares traded.

Analyst Ratings Changes

Separately, Desjardins raised their target price on Fiera Capital from C$6.23 to C$6.50 and gave the stock a “hold” rating in a research note on Wednesday, October 29th.

Fiera Capital Stock Up 0.2%

The company has a market cap of C$652.53 million, a price-to-earnings ratio of 22.67, a price-to-earnings-growth ratio of -0.87 and a beta of 1.33. The company has a debt-to-equity ratio of 261.73, a quick ratio of 1.05 and a current ratio of 1.31. The stock’s fifty day moving average is C$6.12 and its two-hundred day moving average is C$6.42.

Fiera Capital (TSE:FSZ) last announced its quarterly earnings results on Thursday, November 13th. The company reported C$0.23 earnings per share (EPS) for the quarter. Fiera Capital had a return on equity of 21.21% and a net margin of 9.25%.The business had revenue of C$167.09 million during the quarter. Sell-side analysts predict that Fiera Capital Co. will post 1.0905563 earnings per share for the current fiscal year.

About Fiera Capital

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.