Haivision Systems (TSE:HAI) Shares Down 2.7% – Should You Sell?

Haivision Systems Inc. (TSE:HAI) shares traded down 2.7% during mid-day trading on Wednesday . The stock traded as low as C$5.80 and last traded at C$5.87. 11,689 shares traded hands during trading, a decline of 86% from the average session volume of 81,513 shares. The stock had previously closed at C$6.03.

Haivision Systems Trading Down 2.7%

The company has a quick ratio of 0.85, a current ratio of 1.57 and a debt-to-equity ratio of 12.71. The firm’s 50 day simple moving average is C$6.59 and its 200-day simple moving average is C$7.01. The company has a market capitalization of C$161.41 million, a PE ratio of 195.67 and a beta of 0.76.

Haivision Systems (TSE:HAI) last released its quarterly earnings data on Wednesday, June 10th. The company reported C($0.07) earnings per share (EPS) for the quarter. Haivision Systems had a return on equity of 1.08% and a net margin of 0.70%.The business had revenue of C$32.54 million for the quarter. As a group, equities research analysts anticipate that Haivision Systems Inc. will post 0.2613948 EPS for the current year.

Haivision Systems Company Profile

Haivision is a leading global provider of mission-critical, real-time video streaming and visual collaboration solutions. Our connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration, and support decision making. We provide high quality, low latency, secure, and reliable live video at a global scale. Haivision open sourced its award-winning SRT low latency video streaming protocol and founded the SRT Alliance to support its adoption.