Fiera Capital (TSE:FSZ) Shares Pass Below 200 Day Moving Average – What’s Next?

Fiera Capital Co. (TSE:FSZ)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$5.77 and traded as low as C$5.24. Fiera Capital shares last traded at C$5.32, with a volume of 319,705 shares trading hands.

Analyst Upgrades and Downgrades

FSZ has been the topic of a number of recent research reports. Royal Bank Of Canada set a C$6.00 price target on shares of Fiera Capital and gave the company a “sector perform” rating in a research note on Tuesday, April 28th. TD Securities decreased 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 research note on Friday, February 27th. National Bank Financial decreased their price target on shares of Fiera Capital from C$7.00 to C$6.00 and set a “sector perform” rating on the stock in a research note on Tuesday, May 12th. Finally, Desjardins cut their price objective on shares of Fiera Capital from C$6.50 to C$6.25 and set a “hold” rating on the stock in a research report on Monday, April 27th. One analyst has rated the stock with a Moderate Buy rating, According to MarketBeat, Fiera Capital currently has an average rating of “Moderate Buy” and an average target price of C$5.35.

Fiera Capital Trading Up 0.6%

The company has a debt-to-equity ratio of 344.23, a quick ratio of 1.05 and a current ratio of 21.93. The company’s fifty day simple moving average is C$5.50 and its 200-day simple moving average is C$5.77. The company has a market capitalization of C$567.45 million, a P/E ratio of 28.16, a PEG ratio of -0.87 and a beta of 1.05.

Fiera Capital (TSE:FSZ) last issued its earnings results on Friday, May 8th. The company reported C$0.21 earnings per share (EPS) for the quarter. The company had revenue of C$153.31 million for the quarter. Fiera Capital had a net margin of 5.98% and a return on equity of 7.80%. Research analysts predict that Fiera Capital Co. will post 1.0905563 earnings per share for the current year.

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.