Haivision Systems (TSE:HAI) Trading 11.8% Higher – Should You Buy?

Haivision Systems Inc. (TSE:HAI)’s stock price was up 11.8% during trading on Thursday . The company traded as high as C$7.00 and last traded at C$6.36. Approximately 91,658 shares were traded during mid-day trading, an increase of 336% from the average daily volume of 21,006 shares. The stock had previously closed at C$5.69.

Haivision Systems Price Performance

The company has a quick ratio of 0.85, a current ratio of 1.70 and a debt-to-equity ratio of 10.61. The company has a market capitalization of C$176.29 million, a P/E ratio of -129.00 and a beta of 0.55. The company’s 50-day simple moving average is C$5.28 and its 200 day simple moving average is C$5.04.

Haivision Systems (TSE:HAI) last released its quarterly earnings results on Wednesday, September 10th. The company reported C$0.01 earnings per share for the quarter. The business had revenue of C$35.02 million for the quarter. Haivision Systems had a net margin of 3.63% and a return on equity of 4.96%. As a group, sell-side analysts expect that Haivision Systems Inc. will post 0.2613948 earnings per share for the current fiscal year.

Haivision Systems Company Profile

Haivision Systems Inc is a provider of infrastructure solutions for the video streaming market, servicing enterprises and governments globally. The organizations use company solutions to communicate, collaborate and educate customers and stakeholders. It delivers high quality, low latency, secure and reliable video through the entire IP video lifecycle, using a broad range of software, hardware, and services. Its geographical segments are Canada, International, and the United States, of which the majority of its revenue comes from the United States.