Sienna Senior Living (TSE:SIA) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Sienna Senior Living Inc. (TSE:SIA) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$18.76 and traded as high as C$19.74. Sienna Senior Living shares last traded at C$19.57, with a volume of 279,186 shares.

Wall Street Analysts Forecast Growth

Separately, Desjardins lifted their price objective on Sienna Senior Living from C$20.00 to C$21.00 and gave the company a “buy” rating in a research report on Thursday, August 14th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Sienna Senior Living currently has a consensus rating of “Moderate Buy” and a consensus target price of C$19.40.

Sienna Senior Living Stock Performance

The company has a debt-to-equity ratio of 215.47, a quick ratio of 0.23 and a current ratio of 0.43. The business’s 50-day moving average is C$18.76 and its 200-day moving average is C$18.41. The company has a market capitalization of C$1.81 billion, a PE ratio of 50.18 and a beta of 0.94.

Sienna Senior Living (TSE:SIA) last announced its quarterly earnings data on Thursday, November 13th. The company reported C$0.30 earnings per share for the quarter. Sienna Senior Living had a net margin of 3.57% and a return on equity of 7.71%. The business had revenue of C$261.70 million for the quarter. On average, research analysts anticipate that Sienna Senior Living Inc. will post 0.4595351 earnings per share for the current year.

Sienna Senior Living Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, November 14th. Stockholders of record on Friday, November 14th were paid a $0.078 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend was Friday, October 31st. Sienna Senior Living’s dividend payout ratio is currently 240.00%.

About Sienna Senior Living

Sienna Senior Living Inc is one of the largest owners of seniors’ housing, the largest licensed long-term care operator in Ontario, and a provider of services across the full continuum of care. The firm operates solely within Canada. The company is comprised of the following main business segments, LTC Business, Retirement and Other.