Haivision Systems (TSE:HAI) Trading 4.9% Higher – Here’s What Happened

Shares of Haivision Systems Inc. (TSE:HAI) shot up 4.9% during mid-day trading on Thursday . The company traded as high as C$4.81 and last traded at C$4.67. Approximately 82,116 shares changed hands during mid-day trading, a decline of 3% from the average daily volume of 84,237 shares. The stock had previously closed at C$4.45.

Haivision Systems Stock Performance

The company has a 50-day simple moving average of C$5.70 and a two-hundred day simple moving average of C$6.93. The company has a debt-to-equity ratio of 11.59, a quick ratio of 0.85 and a current ratio of 1.56. The firm has a market capitalization of C$128.18 million, a P/E ratio of 93.40 and a beta of 0.76.

Haivision Systems (TSE:HAI) last released its earnings results on Wednesday, June 10th. The company reported C($0.07) EPS for the quarter. The firm had revenue of C$32.54 million during the quarter. Haivision Systems had a net margin of 1.11% and a return on equity of 1.68%. As a group, equities analysts forecast that Haivision Systems Inc. will post 0.2613948 EPS for the current year.

Haivision Systems Company Profile

Haivision is a leading global provider of mission-critical, real-time video streaming and visual collaboration solutions. Our connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration, and support decision making. We provide high quality, low latency, secure, and reliable live video at a global scale. Haivision open sourced its award-winning SRT low latency video streaming protocol and founded the SRT Alliance to support its adoption.