Sylogist Ltd. (TSE:SYZ - Get Free Report) declared a quarterly dividend on Thursday, May 9th, Zacks reports. Investors of record on Friday, May 31st will be paid a dividend of 0.01 per share on Wednesday, June 12th. This represents a $0.04 annualized dividend and a yield of 0.46%. The ex-dividend date of this dividend is Friday, May 31st.
Sylogist Trading Down 2.1 %
Sylogist stock traded down C$0.19 during mid-day trading on Friday, hitting C$8.69. The company's stock had a trading volume of 33,249 shares, compared to its average volume of 54,121. The firm has a market capitalization of C$203.95 million, a PE ratio of 177.60 and a beta of 0.84. Sylogist has a 1 year low of C$5.40 and a 1 year high of C$9.96. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 47.19. The stock's fifty day moving average is C$9.00 and its two-hundred day moving average is C$8.05.
Sylogist (TSE:SYZ - Get Free Report) last issued its quarterly earnings data on Thursday, March 14th. The company reported C$0.01 earnings per share 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 business had revenue of C$16.17 million during the quarter, compared to analysts' expectations of C$16.43 million. On average, analysts anticipate that Sylogist will post 0.2047516 EPS for the current year.
Insider Transactions at Sylogist
In other news, Director Tracy Edkins purchased 3,222 shares of the firm's stock in a transaction dated Friday, April 19th. The shares were acquired at an average price of C$9.31 per share, with a total value of C$29,996.82. Corporate insiders own 5.16% of the company's stock.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on the company. Cormark increased their price objective on Sylogist from C$10.50 to C$11.00 in a research note on Friday, March 15th. Echelon Wealth Partners lifted their target price on Sylogist from C$11.00 to C$12.50 and gave the stock a "buy" rating in a research report on Monday, April 15th. Stifel Nicolaus set a C$14.00 price target on Sylogist and gave the stock a "buy" rating in a report on Thursday, February 1st. Finally, Paradigm Capital set a C$12.00 price target on Sylogist and gave the stock a "buy" rating in a report on Wednesday, February 14th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of C$11.50.
View Our Latest Stock Report on SYZ
About Sylogist
(
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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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