Tecsys Inc. (TSE:TCS - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$41.41 and traded as low as C$39.19. Tecsys shares last traded at C$39.37, with a volume of 3,592 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Ventum Financial cut their price objective on Tecsys from C$52.00 to C$47.00 and set a "buy" rating for the company in a report on Monday, June 30th.
Read Our Latest Stock Analysis on TCS
Tecsys Trading Down 2.4%
The company's fifty day moving average price is C$39.12 and its two-hundred day moving average price is C$41.30. The company has a quick ratio of 1.40, a current ratio of 1.31 and a debt-to-equity ratio of 2.64. The company has a market cap of C$561.46 million, a price-to-earnings ratio of 218.74 and a beta of 0.65.
Tecsys Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 1st. Shareholders of record on Friday, July 11th were given a $0.085 dividend. This is an increase from Tecsys's previous quarterly dividend of $0.08. This represents a $0.34 annualized dividend and a yield of 0.9%. Tecsys's payout ratio is presently 183.81%.
Tecsys Company Profile
(
Get Free Report)
Tecsys Inc engages in the development, marketing, and sale of enterprise-wide supply chain management software and related services in Canada, the United States, Europe, and internationally. The company offers warehouse management, distribution and transportation management, supply management at point-of-use and order management and fulfillment, as well as financial management and analytics solutions.
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