Savaria Co. (SIS) Director Sells C$17,830.00 in Stock

Savaria Co. (TSE:SIS) Director Alison Fraser sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of C$17.83, for a total transaction of C$17,830.00.

Shares of Savaria Co. (TSE SIS) traded up C$0.15 during trading on Thursday, reaching C$17.69. 95,939 shares of the company’s stock traded hands, compared to its average volume of 89,411. Savaria Co. has a one year low of C$10.18 and a one year high of C$18.23.

The business also recently declared a quarterly dividend, which was paid on Thursday, November 16th. Shareholders of record on Thursday, November 2nd were paid a $0.03 dividend. The ex-dividend date of this dividend was Wednesday, November 1st. This represents a $0.12 annualized dividend and a yield of 0.68%. Savaria’s dividend payout ratio is currently 80.56%.

A number of research firms recently weighed in on SIS. Desjardins upped their target price on shares of Savaria from C$17.50 to C$18.50 in a research note on Thursday, November 16th. National Bank Financial upped their target price on shares of Savaria from C$17.00 to C$18.50 and gave the stock an “outperform” rating in a research note on Wednesday, November 15th. Finally, Laurentian cut their target price on shares of Savaria from C$18.50 to C$17.50 in a research note on Friday, August 11th.

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Savaria Company Profile

Savaria Corporation is a Canada-based company, which offers a range of stairlifts, platform lifts, and residential and commercial elevators. The Company operates through two segments: Accessibility and Adapted Vehicles. The Accessibility segment designs, manufactures, distributes and installs accessibility products, such as stairlifts for both straight and curved stairs, vertical and inclined platform lifts and elevators for home and commercial use.

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