Haivision Systems Inc. (TSE:HAI – Get Free Report)’s share price fell 8% during mid-day trading on Thursday . The stock traded as low as C$6.27 and last traded at C$6.30. 116,815 shares traded hands during trading, an increase of 216% from the average session volume of 36,950 shares. The stock had previously closed at C$6.85.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on the company. Acumen Capital dropped their price objective on Haivision Systems from C$8.00 to C$7.60 and set a “buy” rating on the stock in a report on Thursday, June 13th. Canaccord Genuity Group decreased their price objective on shares of Haivision Systems from C$8.50 to C$7.00 and set a “buy” rating for the company in a report on Friday.
Check Out Our Latest Stock Report on HAI
Haivision Systems Stock Performance
Haivision Systems (TSE:HAI – Get Free Report) last released its earnings results on Wednesday, June 12th. The company reported C$0.03 earnings per share for the quarter. The firm had revenue of C$34.17 million during the quarter. Haivision Systems had a net margin of 2.78% and a return on equity of 4.17%. As a group, research analysts expect that Haivision Systems Inc. will post 0.3403168 EPS for the current fiscal year.
About Haivision Systems
Haivision Systems Inc provides mission-critical, real-time video networking, and visual collaboration solutions in Canada, the United States, and internationally. The company offers Makito Series video encoders and decoders for end-to-end transport of secure and high-quality HD video; video transmitters and mobile encoders for video contribution over bonded unmanaged IP networks; Command 360, a software platform for real-time visualization of business-critical information; Haivision Kraken, a video transcoder for mission-critical ISR, situational awareness, and field monitoring applications; Haivision Hub for Government, a video network service for live and low latency video streaming between government agencies and public cloud delivery services; and Haivision Media Platform that manages, shares, and delivers secure corporate communications, real-time video feeds, and broadcast IPTV.
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