Sienna Senior Living (TSE:SIA) Stock Crosses Above 50-Day Moving Average – What’s Next?

Sienna Senior Living Inc. (TSE:SIA) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$22.19 and traded as high as C$23.14. Sienna Senior Living shares last traded at C$22.96, with a volume of 208,134 shares changing hands.

Wall Street Analysts Forecast Growth

SIA has been the topic of a number of recent research reports. BMO Capital Markets increased their target price on Sienna Senior Living from C$22.00 to C$25.00 and gave the stock an “outperform” rating in a report on Monday, February 23rd. Scotiabank boosted their price target on shares of Sienna Senior Living from C$24.00 to C$25.00 and gave the company an “outperform” rating in a research note on Monday, February 23rd. Canadian Imperial Bank of Commerce upped their price objective on shares of Sienna Senior Living from C$23.00 to C$26.00 in a report on Monday, February 23rd. Royal Bank Of Canada raised their price objective on shares of Sienna Senior Living from C$22.00 to C$25.00 and gave the company a “sector perform” rating in a research note on Thursday, February 26th. Finally, Desjardins lifted their price objective on shares of Sienna Senior Living from C$24.00 to C$26.00 and gave the company a “buy” rating in a report on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of C$25.50.

Sienna Senior Living Trading Down 0.4%

The company has a debt-to-equity ratio of 198.59, a current ratio of 0.51 and a quick ratio of 0.23. The firm’s fifty day moving average is C$22.19 and its two-hundred day moving average is C$20.30. The firm has a market capitalization of C$2.28 billion, a PE ratio of 46.86 and a beta of 0.89.

Sienna Senior Living (TSE:SIA) last posted its quarterly earnings data on Thursday, February 19th. The company reported C$0.14 EPS for the quarter. Sienna Senior Living had a net margin of 4.43% and a return on equity of 6.93%. The firm had revenue of C$278.45 million during the quarter. On average, equities analysts predict that Sienna Senior Living Inc. will post 0.4595351 EPS for the current fiscal year.

About Sienna Senior Living

Sienna Senior Living Inc (TSX:SIA) offers a full range of senior living options, including independent living, assisted living and memory care under its Aspira retirement brand, long-term care, and specialized programs and services. Sienna’s approximately 15,000 employees are passionate about cultivating happiness in daily life.