Fiera Capital (TSE:FSZ) Reaches New 12-Month Low – What’s Next?

Fiera Capital Co. (TSE:FSZ)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$5.11 and last traded at C$5.15, with a volume of 482359 shares traded. The stock had previously closed at C$5.15.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on FSZ. National Bank Financial lowered their price objective on shares of Fiera Capital from C$7.50 to C$7.00 and set a “sector perform” rating on the stock in a research note on Wednesday, February 4th. TD Securities reduced their price target on shares of Fiera Capital from C$6.50 to C$6.00 and set a “hold” rating on the stock in a report on Friday, February 27th. Finally, Desjardins lowered their price target on shares of Fiera Capital from C$6.75 to C$6.50 and set a “hold” rating on the stock in a research report on Tuesday, February 3rd.

Fiera Capital Stock Performance

The business’s 50-day moving average price is C$5.89 and its two-hundred day moving average price is C$6.16. The company has a debt-to-equity ratio of 313.06, a current ratio of 23.38 and a quick ratio of 1.05. The firm has a market cap of C$549.11 million, a price-to-earnings ratio of 15.15, a price-to-earnings-growth ratio of -0.87 and a beta of 1.10.

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.