Sylogist (TSE:SYZ) Stock Price Up 0.4% - What's Next?

Sylogist Ltd. (TSE:SYZ - Get Free Report)'s share price rose 0.4% during mid-day trading on Tuesday . The stock traded as high as C$8.60 and last traded at C$8.42. Approximately 3,110 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 54,717 shares. The stock had previously closed at C$8.39.

Sylogist Stock Performance

The stock has a fifty day moving average price of C$8.43 and a 200-day moving average price of C$9.41. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 47.19. The firm has a market capitalization of C$208.08 million, a price-to-earnings ratio of 195.29 and a beta of 0.82.

Sylogist Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Wednesday, March 12th were given a $0.01 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.04 dividend on an annualized basis and a yield of 0.45%. Sylogist's dividend payout ratio (DPR) is presently 88.77%.

About Sylogist

Sylogist Ltd., a software company, provides mission-critical software-as-a-service solutions in Canada, the United States, and the United Kingdom. The company offers SylogistMission constituent relationship management system, which includes donor management, fundraising, volunteer management, and program delivery; and enterprise resource management, such as accounting and financial management, grant and award management, budget management, payroll and human resources, analytics and reporting, and support and training.