Tecsys (TSE:TCS) Shares Pass Above Fifty Day Moving Average of $52.72

Shares of Tecsys Inc. (TSE:TCS) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$52.72 and traded as high as C$57.58. Tecsys shares last traded at C$57.49, with a volume of 28,225 shares.

A number of research analysts recently weighed in on TCS shares. National Bankshares upped their price objective on Tecsys from C$55.00 to C$65.00 and gave the stock an “outperform” rating in a report on Friday, September 10th. National Bank Financial upped their price objective on Tecsys to C$65.00 and gave the stock an “outperform” rating in a report on Friday, September 10th. Finally, Raymond James reaffirmed an “outperform” rating and set a C$70.00 price objective on shares of Tecsys in a report on Friday, September 10th.

The company has a quick ratio of 1.58, a current ratio of 1.74 and a debt-to-equity ratio of 27.45. The company has a market cap of C$833.90 million and a price-to-earnings ratio of 135.27. The company has a fifty day simple moving average of C$52.72 and a two-hundred day simple moving average of C$46.73.

Tecsys (TSE:TCS) last issued its quarterly earnings data on Tuesday, June 29th. The company reported C$0.14 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.07 by C$0.07. The company had revenue of C$32.37 million during the quarter, compared to analysts’ expectations of C$31.10 million. On average, research analysts predict that Tecsys Inc. will post 0.66 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 8th. Stockholders of record on Friday, September 24th will be given a $0.065 dividend. The ex-dividend date of this dividend is Thursday, September 23rd. This represents a $0.26 annualized dividend and a dividend yield of 0.45%. Tecsys’s dividend payout ratio is currently 61.18%.

Tecsys Company Profile (TSE:TCS)

Tecsys Inc engages in the development, marketing, and sale of supply chain management software in Canada, the United States, Europe, and internationally. The company offers warehouse management, distribution and transportation management, supply management at point-of-use, and retail order management, as well as financial management and analytics solutions.

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