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Tecsys (TSE:TCS) Stock Price Crosses Below Two Hundred Day Moving Average - What's Next?

Tecsys logo with Computer and Technology background

Tecsys Inc. (TSE:TCS - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$43.10 and traded as low as C$39.94. Tecsys shares last traded at C$40.58, with a volume of 2,601 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Cormark upgraded shares of Tecsys from a "hold" rating to a "moderate buy" rating in a report on Wednesday, March 19th. Raymond James raised their target price on Tecsys from C$45.00 to C$50.00 and gave the stock an "outperform" rating in a research report on Thursday, March 6th.

Read Our Latest Stock Report on Tecsys

Tecsys Price Performance

The firm has a market capitalization of C$591.98 million, a P/E ratio of 230.63 and a beta of 0.65. The company has a fifty day moving average of C$41.43 and a 200 day moving average of C$43.08. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.31 and a quick ratio of 1.40.

About Tecsys

(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.

Further Reading

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