Fiera Capital (TSE:FSZ) Reaches New 1-Year Low – What’s Next?

Shares of Fiera Capital Co. (TSE:FSZ) reached a new 52-week low on Tuesday . The company traded as low as C$5.95 and last traded at C$6.00, with a volume of 306926 shares changing hands. The stock had previously closed at C$6.12.

Analyst Ratings Changes

Several research analysts have recently commented on the company. TD Securities decreased their price objective on Fiera Capital from C$8.50 to C$6.50 and set a “hold” rating on the stock in a research note on Thursday, February 27th. BMO Capital Markets dropped their price objective on shares of Fiera Capital from C$10.00 to C$9.00 in a research note on Thursday, January 30th. Desjardins decreased their price objective on shares of Fiera Capital from C$9.00 to C$7.25 and set a “hold” rating for the company in a research note on Thursday, February 27th. CIBC decreased their target price on Fiera Capital from C$9.00 to C$6.75 and set a “neutral” rating for the company in a research report on Thursday, February 27th. Finally, National Bankshares upgraded shares of Fiera Capital from an “underperform” rating to a “sector perform” rating and lowered their price target for the company from C$8.50 to C$7.00 in a report on Thursday, February 27th. Six research analysts have rated the stock with a hold rating, According to data from MarketBeat, Fiera Capital currently has a consensus rating of “Hold” and an average target price of C$7.54.

Fiera Capital Stock Down 1.5 %

The firm has a market capitalization of C$6.03 million, a price-to-earnings ratio of 10.11, a PEG ratio of -0.87 and a beta of 0.91. The business’s fifty day moving average price is C$7.75 and its 200 day moving average price is C$8.45. The company has a current ratio of 1.31, a quick ratio of 1.05 and a debt-to-equity ratio of 261.73.

Insider Buying and Selling at Fiera Capital

In related news, insider FIERA CAPITAL S.E.C. sold 10,467 shares of Fiera Capital stock in a transaction on Monday, January 6th. The shares were sold at an average price of C$8.89, for a total transaction of C$93,028.60. 0.86% of the stock is currently owned by insiders.

About Fiera Capital

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.