Tecsys (TSE:TCS) Stock Crosses Below Two Hundred Day Moving Average - Should You Sell?

Tecsys Inc. (TSE:TCS - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$42.96 and traded as low as C$41.56. Tecsys shares last traded at C$42.38, with a volume of 12,652 shares traded.

Analysts Set New Price Targets

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

Tecsys Price Performance

The stock's 50 day simple moving average is C$40.60 and its 200-day simple moving average is C$43.01. The stock has a market capitalization of C$645.94 million, a price-to-earnings ratio of 251.65 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.

Tecsys Company Profile

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.