Sienna Senior Living (TSE:SIA) Stock Passes Above 50-Day Moving Average – Here’s What Happened

Sienna Senior Living Inc. (TSE:SIA)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$15.56 and traded as high as C$15.94. Sienna Senior Living shares last traded at C$15.92, with a volume of 239,395 shares changing hands.

Analysts Set New Price Targets

Several equities analysts recently weighed in on SIA shares. TD Securities set a C$20.00 target price on Sienna Senior Living and gave the stock a “buy” rating in a research report on Friday, February 28th. 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. Finally, CIBC dropped their price target on shares of Sienna Senior Living from C$19.00 to C$18.00 in a research report on Friday, February 28th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Sienna Senior Living presently has an average rating of “Moderate Buy” and a consensus price target of C$17.86.

Sienna Senior Living Price Performance

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 stock has a market capitalization of C$1.33 billion, a price-to-earnings ratio of 39.79 and a beta of 1.20. The company has a 50-day simple moving average of C$15.57 and a two-hundred day simple moving average of C$16.17.

Sienna Senior Living Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, March 14th were given a $0.078 dividend. This represents a $0.94 annualized dividend and a yield of 5.82%. The ex-dividend date was Friday, February 28th. Sienna Senior Living’s dividend payout ratio (DPR) 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.