Sienna Senior Living (TSE:SIA) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Shares of Sienna Senior Living Inc. (TSE:SIA) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$15.56 and traded as high as C$15.94. Sienna Senior Living shares last traded at C$15.92, with a volume of 239,395 shares.

Analyst Ratings Changes

Several equities analysts have commented on the stock. CIBC lowered their target price on shares of Sienna Senior Living from C$19.00 to C$18.00 in a research note on Friday, February 28th. BMO Capital Markets set a C$17.00 target price on Sienna Senior Living and gave the stock an “outperform” rating in a report on Thursday, January 30th. Finally, TD Securities set a C$20.00 price target on Sienna Senior Living and gave the company a “buy” rating in a research note on Friday, February 28th. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$17.86.

Sienna Senior Living Stock Up 1.4 %

The company has a current ratio of 0.43, a quick ratio of 0.23 and a debt-to-equity ratio of 215.47. The firm has a market capitalization of C$1.33 billion, a price-to-earnings ratio of 39.79 and a beta of 1.20. The stock has a fifty day moving average of C$15.57 and a 200-day moving average of C$16.17.

Sienna Senior Living Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, March 14th were given a $0.078 dividend. This represents a $0.94 annualized dividend and a dividend yield of 5.82%. The ex-dividend date was Friday, February 28th. Sienna Senior Living’s dividend payout ratio (DPR) is currently 232.73%.

About Sienna Senior Living

Sienna Senior Living Inc provides senior living and long-term care (LTC) services in Canada. The company operates through Retirement and LTC segments. It offers independent supportive and assisted living, memory care, and long-term care services; and management services to senior living residences. The company was formerly known as Leisureworld Senior Care Corporation and changed its name to Sienna Senior Living Inc in May 2015.