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

Shares of Fiera Capital Co. (TSE:FSZ) 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 changing hands.

Wall Street Analyst Weigh In

A number of research firms have commented on FSZ. Desjardins reduced their price objective on shares of Fiera Capital from C$6.50 to C$6.25 and set a “hold” rating for the company in a research note on Monday, April 27th. Royal Bank Of Canada set a C$6.00 price objective on shares of Fiera Capital and gave the company a “sector perform” rating in a research note on Tuesday, April 28th. National Bank Financial reduced their price objective 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 note on Tuesday, May 12th. Finally, TD Securities reduced their price objective on shares of Fiera Capital from C$6.50 to C$6.00 and set a “hold” rating for the company in a research note on Friday, February 27th. One equities research analyst has rated the stock with a Moderate Buy rating, Based on data from MarketBeat.com, Fiera Capital currently has an average rating of “Moderate Buy” and an average target price of C$5.51.

Fiera Capital Stock Up 0.7%

The company has a market cap of C$584.42 million, a price-to-earnings ratio of 29.00, a P/E/G ratio of -0.87 and a beta of 1.12. The company has a current ratio of 21.93, a quick ratio of 1.05 and a debt-to-equity ratio of 344.23. The business has a fifty day moving average price of C$5.48 and a two-hundred day moving average price of C$5.81.

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