FirstService (TSE:FSV) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

by · The Cerbat Gem

Shares of FirstService Co. (TSE:FSV – Get Free Report) (NASDAQ:FSV) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$234.83 and traded as low as C$211.46. FirstService shares last traded at C$212.60, with a volume of 182,559 shares traded.

Analyst Ratings Changes

Separately, TD Securities boosted their price target on shares of FirstService from C$211.00 to C$217.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Strong Buy” and a consensus price target of C$217.00.

View Our Latest Research Report on FirstService

FirstService Trading Down 2.2%

The company has a market cap of C$9.39 billion, a price-to-earnings ratio of 64.83, a P/E/G ratio of 107.75 and a beta of 0.78. The business has a fifty day simple moving average of C$215.46 and a 200 day simple moving average of C$234.18. The company has a quick ratio of 1.25, a current ratio of 15.15 and a debt-to-equity ratio of 100.79.

FirstService (TSE:FSV – Get Free Report) (NASDAQ:FSV) last announced its quarterly earnings results on Wednesday, February 4th. The company reported C$1.88 earnings per share (EPS) for the quarter. FirstService had a net margin of 2.65% and a return on equity of 11.33%. The business had revenue of C$1.82 billion during the quarter. On average, equities analysts anticipate that FirstService Co. will post 7.5161189 EPS for the current fiscal year.

About FirstService

(Get Free Report)

FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives, and generates most of the company’s revenue. FirstService Brands provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertPro Painters; Pillar to Post; Floor Coverings International; College Pro Painters; and Service America.

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