Savaria (OTCMKTS:SISXF) Stock Price Up 2.1% – Here’s Why

Shares of Savaria Co. (OTCMKTS:SISXF) were up 2.1% during mid-day trading on Tuesday. The company traded as high as $21.2980 and last traded at $21.2980. Approximately 46,445 shares traded hands during trading, an increase of 283% from the average session volume of 12,113 shares. The stock had previously closed at $20.85.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. TD Securities reaffirmed a “buy” rating on shares of Savaria in a research note on Friday, August 7th. Scotiabank reissued an “outperform” rating on shares of Savaria in a report on Friday, July 24th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy”.

Savaria Trading Up 2.1%

The business has a fifty day simple moving average of $20.64 and a 200 day simple moving average of $20.67.

Savaria Company Profile

Savaria Corporation is a Canadian accessibility and mobility equipment company headquartered in Laval, Quebec. The company designs, manufactures and distributes products intended to improve accessibility, mobility and independence for people with physical limitations in residential, healthcare and commercial settings.

Its product portfolio includes stair lifts, platform and vertical platform lifts, ceiling lifts, patient lifts, transfer systems, adjustable beds, accessibility ramps and vehicle-access equipment.