Shares of Haivision Systems Inc. (TSE:HAI – Get Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$3.85 and last traded at C$4.22, with a volume of 128727 shares traded. The stock had previously closed at C$4.21.
Analysts Set New Price Targets
A number of research analysts recently weighed in on the stock. Acumen Capital downgraded shares of Haivision Systems from a “buy” rating to a “hold” rating and decreased their target price for the company from C$7.00 to C$5.25 in a research report on Thursday, January 16th. Canaccord Genuity Group downgraded shares of Haivision Systems from a “buy” rating to a “hold” rating and decreased their target price for the company from C$7.00 to C$5.50 in a research report on Thursday, January 16th.
Get Our Latest Stock Analysis on Haivision Systems
Haivision Systems Trading Up 3.8 %
Insider Activity at Haivision Systems
In other news, Senior Officer Jean-Philippe Demers sold 8,000 shares of Haivision Systems stock in a transaction dated Monday, January 20th. The shares were sold at an average price of C$4.80, for a total value of C$38,400.00. 40.74% of the stock is owned by insiders.
Haivision Systems Company Profile
Haivision Systems Inc provides mission-critical, real-time video networking, and visual collaboration solutions in Canada, the United States, and internationally. The company offers Makito Series video encoders and decoders for end-to-end transport of secure and high-quality HD video; video transmitters and mobile encoders for video contribution over bonded unmanaged IP networks; Command 360, a software platform for real-time visualization of business-critical information; Haivision Kraken, a video transcoder for mission-critical ISR, situational awareness, and field monitoring applications; Haivision Hub for Government, a video network service for live and low latency video streaming between government agencies and public cloud delivery services; and Haivision Media Platform that manages, shares, and delivers secure corporate communications, real-time video feeds, and broadcast IPTV.
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