Haivision Systems (TSE:HAI) Rating Lowered to “Hold” at Canaccord Genuity Group

Canaccord Genuity Group downgraded shares of Haivision Systems (TSE:HAI) from a buy rating to a hold rating in a report released on Thursday,BayStreet.CA reports. They currently have C$5.50 price target on the stock, down from their prior price target of C$7.00.

Haivision Systems Trading Down 12.3 %

Shares of HAI stock opened at C$4.70 on Thursday. Haivision Systems has a fifty-two week low of C$3.92 and a fifty-two week high of C$7.00. The company has a debt-to-equity ratio of 14.02, a quick ratio of 0.85 and a current ratio of 1.72. The stock has a 50 day simple moving average of C$5.24 and a two-hundred day simple moving average of C$4.94. The company has a market cap of C$134.19 million, a P/E ratio of 26.11 and a beta of 0.58.

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.