Fiera Capital (TSE:FSZ) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Fiera Capital Co. (TSE:FSZ) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$6.39 and traded as low as C$6.06. Fiera Capital shares last traded at C$6.10, with a volume of 194,909 shares.

Wall Street Analysts Forecast Growth

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

Fiera Capital Stock Up 0.2%

The company has a debt-to-equity ratio of 261.73, a current ratio of 1.31 and a quick ratio of 1.05. The company has a fifty day moving average price of C$6.09 and a 200 day moving average price of C$6.39. The company has a market cap of C$650.40 million, a PE ratio of 22.59, a price-to-earnings-growth ratio of -0.87 and a beta of 1.33.

Fiera Capital (TSE:FSZ) last issued its quarterly earnings results on Thursday, November 13th. The company reported C$0.23 EPS for the quarter. The business had revenue of C$167.09 million for the quarter. Fiera Capital had a net margin of 9.25% and a return on equity of 21.21%. As a group, analysts anticipate that Fiera Capital Co. will post 1.0905563 EPS for the current 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.