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Sylogist (TSE:SYZ) Trading Down 11.9% - What's Next?

Sylogist logo with Computer and Technology background

Key Points

  • Sylogist Ltd. (TSE:SYZ) shares dropped by 11.9% on Thursday, trading as low as C$7.60 before closing at C$8.05.
  • The stock's trading volume surged by 1,485%, with 741,411 shares changing hands compared to an average of 46,787 shares.
  • Sylogist is a public sector SaaS company servicing over 2,000 customers globally, providing various solutions including ERP and CRM.
  • Want stock alerts on Sylogist? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Sylogist Ltd. (TSE:SYZ - Get Free Report) traded down 11.9% during trading on Thursday . The company traded as low as C$7.60 and last traded at C$8.05. 741,411 shares were traded during trading, an increase of 1,485% from the average session volume of 46,787 shares. The stock had previously closed at C$9.14.

Sylogist Stock Down 2.7%

The company has a market capitalization of C$190.11 million, a P/E ratio of 178.42 and a beta of 0.82. The company has a debt-to-equity ratio of 47.19, a quick ratio of 0.51 and a current ratio of 0.54. The stock has a 50 day moving average price of C$9.00 and a 200 day moving average price of C$8.93.

Sylogist Company Profile

(Get Free Report)

Sylogist is a public sector SaaS company that provides comprehensive ERP, CRM, fundraising, education administration, and payments solutions that allow its customers to carry out their missions.It serves over 2,000 customers globally, including all levels of government, nonprofit and non-governmental organizations, educational institutions, and public compliance-driven and funded companies.

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