Tecsys Inc. (TSE:TCS - Get Free Report)'s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$41.66 and traded as low as C$36.76. Tecsys shares last traded at C$37.24, with a volume of 4,761 shares traded.
Wall Street Analysts Forecast Growth
Separately, Ventum Financial reduced their price objective on Tecsys from C$52.00 to C$47.00 and set a "buy" rating for the company in a research report on Monday, June 30th.
Get Our Latest Stock Analysis on Tecsys
Tecsys Stock Up 3.2%
The stock has a market capitalization of C$559.98 million, a price-to-earnings ratio of 218.16 and a beta of 0.65. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.31 and a quick ratio of 1.40. The firm has a 50 day simple moving average of C$39.55 and a 200-day simple moving average of C$41.54.
Tecsys Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, August 1st. Investors of record on Friday, July 11th were issued a $0.085 dividend. This is a boost from Tecsys's previous quarterly dividend of $0.08. This represents a $0.34 annualized dividend and a yield of 0.9%. Tecsys's dividend payout ratio (DPR) is currently 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.
See Also
Before you consider Tecsys, 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 Tecsys wasn't on the list.
While Tecsys currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
