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

Sienna Senior Living Inc. (TSE:SIA) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$15.70 and traded as high as C$16.30. Sienna Senior Living shares last traded at C$16.21, with a volume of 216,383 shares changing hands.

Analyst Ratings Changes

Several equities analysts have commented on the stock. CIBC lowered their price objective on shares of Sienna Senior Living from C$19.00 to C$18.00 in a research report on Friday, February 28th. TD Securities set a C$20.00 price objective on Sienna Senior Living and gave the company a “buy” rating in a research report on Friday, February 28th. Finally, BMO Capital Markets set a C$17.00 target price on shares of Sienna Senior Living and gave the stock an “outperform” rating in a research report on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$17.86.

Sienna Senior Living Stock Performance

The company has a market cap of C$1.34 billion, a P/E ratio of 40.03 and a beta of 1.20. The company has a debt-to-equity ratio of 215.47, a current ratio of 0.43 and a quick ratio of 0.23. The business has a 50-day moving average of C$15.75 and a two-hundred day moving average of C$16.19.

Sienna Senior Living Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, March 14th were given a $0.078 dividend. The ex-dividend date was Friday, February 28th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.79%. Sienna Senior Living’s payout ratio is 232.73%.

Sienna Senior Living Company Profile

Sienna Senior Living Inc provides senior living and long-term care (LTC) services in Canada. The company operates through Retirement and LTC segments. It offers independent supportive and assisted living, memory care, and long-term care services; and management services to senior living residences. The company was formerly known as Leisureworld Senior Care Corporation and changed its name to Sienna Senior Living Inc in May 2015.