Sylogist (TSE:SYZ) Reaches New 1-Year High at $9.90

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Sylogist Ltd. (TSE:SYZ - Get Free Report)'s stock price reached a new 52-week high on Thursday . The stock traded as high as C$9.90 and last traded at C$9.87, with a volume of 81574 shares trading hands. The stock had previously closed at C$9.48.

Analyst Upgrades and Downgrades

SYZ has been the subject of several recent research reports. Stifel Nicolaus set a C$14.00 target price on shares of Sylogist and gave the company a "buy" rating in a report on Thursday, February 1st. Paradigm Capital set a C$12.00 price target on shares of Sylogist and gave the stock a "buy" rating in a report on Wednesday, February 14th. Finally, Cormark lifted their price target on shares of Sylogist from C$10.50 to C$11.00 in a report on Friday, March 15th.

View Our Latest Stock Analysis on SYZ

Sylogist Price Performance

The company's 50-day moving average is C$8.77 and its 200-day moving average is C$7.78. The company has a debt-to-equity ratio of 47.19, a current ratio of 0.54 and a quick ratio of 0.51. The firm has a market capitalization of C$232.35 million, a price-to-earnings ratio of 197.40 and a beta of 0.84.

Sylogist (TSE:SYZ - Get Free Report) last released its earnings results on Thursday, March 14th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.05 by C($0.04). Sylogist had a return on equity of 2.84% and a net margin of 1.68%. The company had revenue of C$16.17 million during the quarter, compared to analyst estimates of C$16.43 million. On average, research analysts expect that Sylogist Ltd. will post 0.2047516 earnings per share for the current year.


Sylogist Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 13th. Shareholders of record on Thursday, February 29th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $0.04 dividend on an annualized basis and a yield of 0.40%. Sylogist's dividend payout ratio (DPR) is 80.00%.

Sylogist Company Profile

(Get Free Report)

Sylogist Ltd., a software company, provides software-as-a-service solutions in Canada, the United States, and the United Kingdom. The company manages IT services, business applications, and Web portals. The company was incorporated in 1993 and is headquartered in Calgary, Canada.

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