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

Fiera Capital Co. (TSE:FSZ)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$5.81 and traded as low as C$5.45. Fiera Capital shares last traded at C$5.51, with a volume of 295,361 shares.

Analysts Set New Price Targets

Several research firms have recently commented on FSZ. TD Securities lowered their price target on shares of Fiera Capital from C$6.50 to C$6.00 and set a “hold” rating for the company in a research report on Friday, February 27th. Desjardins lowered their price target on shares of Fiera Capital from C$6.50 to C$6.25 and set a “hold” rating for the company in a research report on Monday, April 27th. National Bank Financial lowered their price target on shares of 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. Finally, Royal Bank Of Canada set a C$6.00 price target on shares of Fiera Capital and gave the stock a “sector perform” rating in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Moderate Buy rating, According to MarketBeat, Fiera Capital has an average rating of “Moderate Buy” and an average target price of C$5.51.

Fiera Capital Price Performance

The company’s 50 day moving average price is C$5.48 and its 200-day moving average price is C$5.81. The company has a market cap of C$584.42 million, a price-to-earnings ratio of 29.00, a PEG ratio of -0.87 and a beta of 1.12. The company has a debt-to-equity ratio of 344.23, a quick ratio of 1.05 and a current ratio of 21.93.

Fiera Capital (TSE:FSZ) last announced its quarterly earnings data on Friday, May 8th. The company reported C$0.21 earnings per share (EPS) for the quarter. Fiera Capital had a net margin of 5.98% and a return on equity of 7.80%. The company had revenue of C$153.31 million for the quarter. On average, equities research analysts forecast that Fiera Capital Co. will post 1.0905563 earnings per share for the current fiscal year.

Fiera Capital Company Profile

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.