Sienna Senior Living (TSE:SIA) Shares Cross Below 200 Day Moving Average – Time to Sell?

Sienna Senior Living Inc. (TSE:SIA)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$15.95 and traded as low as C$14.94. Sienna Senior Living shares last traded at C$15.12, with a volume of 227,535 shares traded.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on SIA. Cormark raised Sienna Senior Living to a “moderate buy” rating in a report on Monday, October 28th. TD Securities upped their price objective on shares of Sienna Senior Living from C$18.00 to C$19.00 and gave the company a “buy” rating in a research note on Monday, October 21st. CIBC raised their target price on shares of Sienna Senior Living from C$17.00 to C$19.00 in a research note on Wednesday, November 13th. Finally, Scotiabank upped their price objective on shares of Sienna Senior Living from C$17.50 to C$18.00 in a research report on Wednesday, November 13th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$18.00.

Sienna Senior Living Price Performance

The company’s fifty day moving average price is C$16.07 and its two-hundred day moving average price is C$15.96. The company has a market cap of C$1.25 billion, a price-to-earnings ratio of 38.77 and a beta of 1.20. The company has a quick ratio of 0.23, a current ratio of 0.10 and a debt-to-equity ratio of 275.10.

Sienna Senior Living Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, February 14th will be issued a dividend of $0.078 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $0.94 annualized dividend and a yield of 6.19%. Sienna Senior Living’s payout ratio is currently 241.03%.

About Sienna Senior Living

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.