Savaria Co. (TSE:SIS) Director Jean-Marie Bourassa Sells 11,000 Shares

Savaria Co. (TSE:SIS) Director Jean-Marie Bourassa sold 11,000 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of C$14.45, for a total value of C$158,950.00. Following the completion of the transaction, the director now owns 86,500 shares in the company, valued at approximately C$1,249,925.

Jean-Marie Bourassa also recently made the following trade(s):

  • On Friday, November 15th, Jean-Marie Bourassa sold 20,000 shares of Savaria stock. The shares were sold at an average price of C$14.42, for a total value of C$288,400.00.

Shares of SIS stock opened at C$14.47 on Tuesday. The company’s fifty day simple moving average is C$13.11 and its two-hundred day simple moving average is C$12.61. The company has a debt-to-equity ratio of 40.64, a current ratio of 2.85 and a quick ratio of 1.61. Savaria Co. has a 1 year low of C$10.55 and a 1 year high of C$15.45. The stock has a market capitalization of $727.71 million and a price-to-earnings ratio of 38.90.

Separately, National Bank Financial boosted their target price on shares of Savaria from C$15.00 to C$16.00 and gave the company an “outperform” rating in a report on Friday.

Savaria Company Profile

Savaria Corporation designs, engineers, and manufactures products for personal mobility in Canada, the United States, and internationally. The company operates in three segments: Accessibility, Adapted Vehicles, and the Span. The Accessibility segment manufactures and distributes residential and commercial accessibility equipment for people with mobility challenges; and operates network of franchisees and corporate stores.

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