Evertz Technologies Limited (TSE:ET - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$11.73 and traded as high as C$12.08. Evertz Technologies shares last traded at C$11.93, with a volume of 15,625 shares trading hands.
Analyst Upgrades and Downgrades
A number of research firms recently issued reports on ET. BMO Capital Markets reduced their price objective on Evertz Technologies from C$15.00 to C$13.50 in a research report on Thursday, March 6th. Raymond James dropped their price target on Evertz Technologies from C$16.00 to C$14.00 and set an "outperform" rating on the stock in a research note on Thursday, March 6th.
Check Out Our Latest Stock Analysis on Evertz Technologies
Evertz Technologies Stock Performance
The firm has a fifty day moving average of C$10.95 and a 200-day moving average of C$11.73. The company has a quick ratio of 0.68, a current ratio of 2.18 and a debt-to-equity ratio of 8.09. The firm has a market cap of C$919.13 million, a P/E ratio of 15.88, a PEG ratio of 0.79 and a beta of 0.86.
Evertz Technologies Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 20th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 6.67%. The ex-dividend date of this dividend was Thursday, March 13th. Evertz Technologies's dividend payout ratio is currently 103.22%.
Insider Activity at Evertz Technologies
In related news, Senior Officer Douglas Moore purchased 5,000 shares of the company's stock in a transaction that occurred on Friday, April 4th. The stock was acquired at an average price of C$9.73 per share, with a total value of C$48,652.00. 64.40% of the stock is owned by company insiders.
Evertz Technologies Company Profile
(
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Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution and distribution encoder, decoder, receiver, and processing products; and control panels, intelligent operations and controls, big data analytics, and network management systems, as well as orchestration, monitoring, and analytics solutions.
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