Fiera Capital (TSE:FSZ) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Fiera Capital Co. (TSE:FSZ)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$8.54 and traded as low as C$7.18. Fiera Capital shares last traded at C$7.34, with a volume of 335,013 shares changing hands.

Analysts Set New Price Targets

FSZ has been the subject of several recent research reports. Scotiabank lowered their price objective on shares of Fiera Capital from C$10.50 to C$10.00 in a research report on Thursday, January 30th. National Bankshares lifted their price objective on shares of Fiera Capital from C$8.00 to C$8.50 and gave the stock an “underperform” rating in a report on Wednesday, October 30th. BMO Capital Markets cut their target price on Fiera Capital from C$10.00 to C$9.00 in a research note on Thursday, January 30th. CIBC cut their target price on Fiera Capital from C$11.00 to C$9.00 and set a “neutral” rating on the stock in a research note on Thursday, January 30th. Finally, TD Securities lifted their price objective on shares of Fiera Capital from C$9.00 to C$10.00 and gave the company a “hold” rating in a research note on Friday, November 8th. Two investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of C$8.93.

Fiera Capital Trading Down 0.7 %

The firm has a market capitalization of C$793.79 million, a P/E ratio of 12.31, a PEG ratio of -0.87 and a beta of 1.64. The company has a quick ratio of 1.05, a current ratio of 1.31 and a debt-to-equity ratio of 261.73. The business has a 50-day moving average price of C$8.20 and a 200-day moving average price of C$8.53.

Insider Buying and Selling at Fiera Capital

In other news, insider FIERA CAPITAL S.E.C. sold 10,467 shares of the company’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of C$8.89, for a total transaction of C$93,028.60. Company insiders own 0.86% of the company’s stock.

Fiera Capital Company Profile

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.