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
(
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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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