Tecsys Inc. (TSE:TCS) Senior Officer Sells C$830,625.00 in Stock

Posted by Joe Tyrrell on Mar 28th, 2024

Tecsys Inc. (TSE:TCS – Get Free Report) Senior Officer Mark Joseph Bentler sold 22,150 shares of the company’s stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of C$37.50, for a total transaction of C$830,625.00.

Tecsys Trading Up 2.3 %

TCS stock opened at C$38.00 on Thursday. The company has a market capitalization of C$558.60 million, a price-to-earnings ratio of 271.43 and a beta of 0.67. The business has a 50 day simple moving average of C$36.00 and a two-hundred day simple moving average of C$31.59. The company has a debt-to-equity ratio of 3.20, a current ratio of 1.47 and a quick ratio of 1.40. Tecsys Inc. has a 1-year low of C$23.75 and a 1-year high of C$40.91.

Tecsys (TSE:TCS – Get Free Report) last announced its earnings results on Thursday, February 29th. The company reported C$0.05 earnings per share for the quarter, beating the consensus estimate of C$0.04 by C$0.01. Tecsys had a net margin of 1.21% and a return on equity of 2.86%. The business had revenue of C$43.82 million for the quarter, compared to the consensus estimate of C$42.95 million. Research analysts anticipate that Tecsys Inc. will post 0.6118177 EPS for the current fiscal year.

Tecsys Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 11th. Stockholders of record on Thursday, March 21st will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend is Wednesday, March 20th. Tecsys’s dividend payout ratio (DPR) is 228.57%.

Analyst Ratings Changes

Separately, National Bankshares set a C$50.00 price target on shares of Tecsys and gave the stock an “outperform” rating in a research note on Monday, December 4th.

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Tecsys Company Profile

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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.