Tecsys Inc. (TSE:TCS - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$42.31 and traded as low as C$38.28. Tecsys shares last traded at C$38.28, with a volume of 10,090 shares trading hands.
Analysts Set New Price Targets
Several analysts recently issued reports on the company. Cormark raised Tecsys from a "hold" rating to a "moderate buy" rating in a research note on Wednesday, March 19th. Ventum Financial decreased their target price on Tecsys from C$52.00 to C$47.00 and set a "buy" rating on the stock in a research note on Monday, June 30th.
Read Our Latest Analysis on Tecsys
Tecsys Trading Down 0.7%
The company has a current ratio of 1.31, a quick ratio of 1.40 and a debt-to-equity ratio of 2.64. The stock has a 50 day simple moving average of C$41.28 and a 200-day simple moving average of C$42.31. The firm has a market cap of C$564.40 million, a P/E ratio of 219.89 and a beta of 0.65.
Tecsys Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Friday, July 11th will be paid a $0.085 dividend. This is an increase from Tecsys's previous quarterly dividend of $0.08. This represents a $0.34 dividend on an annualized basis and a yield of 0.89%. 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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