Free Trial

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.
  • Five stocks to consider instead of Sylogist.

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.

Read More

Should You Invest $1,000 in Sylogist Right Now?

Before you consider Sylogist, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sylogist wasn't on the list.

While Sylogist currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.