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

by · The Cerbat Gem

Fiera Capital Co. (TSE:FSZ – Get Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$6.41 and traded as low as C$6.08. Fiera Capital shares last traded at C$6.15, with a volume of 172,741 shares trading hands.

Analyst Ratings Changes

Separately, Desjardins boosted their price objective on shares of Fiera Capital from C$6.23 to C$6.50 and gave the company a “hold” rating in a report on Wednesday, October 29th.

View Our Latest Stock Report on Fiera Capital

Fiera Capital Stock Up 0.8%

The company has a debt-to-equity ratio of 261.73, a quick ratio of 1.05 and a current ratio of 1.31. The stock’s fifty day simple moving average is C$6.11 and its two-hundred day simple moving average is C$6.41. The stock has a market capitalization of C$661.06 million, a P/E ratio of 22.96, a price-to-earnings-growth ratio of -0.87 and a beta of 1.23.

Fiera Capital (TSE:FSZ – Get Free Report) last released its quarterly earnings results on Thursday, November 13th. The company reported C$0.23 earnings per share (EPS) for the quarter. Fiera Capital had a net margin of 9.25% and a return on equity of 21.21%. The firm had revenue of C$167.09 million during the quarter. As a group, research analysts expect that Fiera Capital Co. will post 1.0905563 EPS for the current fiscal year.

About Fiera Capital

(Get Free Report)

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.

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