Savaria Co. (TSE:SIS) Director Sells C$196,092.00 in Stock

Savaria Co. (TSE:SIS) Director Alain Tremblay sold 10,000 shares of the stock in a transaction on Thursday, May 15th. The stock was sold at an average price of C$19.61, for a total transaction of C$196,092.00.

Savaria Stock Up 0.8%

Shares of Savaria stock opened at C$19.72 on Friday. The company has a market cap of C$1.42 billion, a P/E ratio of 30.85, a PEG ratio of 42.72 and a beta of 0.90. The company has a debt-to-equity ratio of 54.11, a quick ratio of 0.91 and a current ratio of 1.97. Savaria Co. has a one year low of C$14.97 and a one year high of C$23.92. The firm has a fifty day moving average of C$17.05 and a two-hundred day moving average of C$18.93.

Analysts Set New Price Targets

A number of brokerages recently weighed in on SIS. Cormark upgraded shares of Savaria from a “hold” rating to a “moderate buy” rating in a research note on Friday, March 7th. Desjardins cut their price objective on shares of Savaria from C$27.00 to C$25.00 and set a “buy” rating for the company in a research report on Friday, March 7th. National Bankshares cut their price objective on shares of Savaria from C$27.00 to C$24.00 and set an “outperform” rating for the company in a research report on Friday, March 7th. TD Securities upped their price objective on shares of Savaria from C$22.00 to C$24.00 and gave the stock a “buy” rating in a research report on Thursday, May 8th. Finally, Scotiabank cut their price objective on shares of Savaria from C$25.00 to C$22.00 and set an “outperform” rating for the company in a research report on Friday, March 7th. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$23.83.

Savaria Company Profile

Savaria Corp designs, engineers, and manufactures products for personal mobility. Its products include home elevators, wheelchair lifts, commercial elevators, ceiling lifts, stairlifts, and van conversions. The company’s operating segments are the Accessibility, Adapted Vehicles, and Patient Handling, divisions.