Haywood Securities Comments on Cortex Business Solutions Inc’s Q4 2018 Earnings (CBX)

Cortex Business Solutions Inc (CVE:CBX) – Stock analysts at Haywood Securities decreased their Q4 2018 earnings per share estimates for shares of Cortex Business Solutions in a research note issued to investors on Wednesday. Haywood Securities analyst P. Sangha now expects that the company will post earnings per share of $0.04 for the quarter, down from their prior forecast of $0.05. Haywood Securities also issued estimates for Cortex Business Solutions’ Q1 2019 earnings at $0.08 EPS.

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Shares of Cortex Business Solutions (CVE:CBX) remained flat at $C$4.09 during mid-day trading on Monday. 5,080 shares of the company were exchanged, compared to its average volume of 11,750. Cortex Business Solutions has a 1-year low of C$2.20 and a 1-year high of C$4.50.

In other news, insider Sandra Fawcett sold 15,000 shares of Cortex Business Solutions stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of C$3.65, for a total transaction of C$54,750.00.

About Cortex Business Solutions

Cortex Business Solutions Inc (Cortex) is a Canada-based company, which is engaged in the business of e-commerce products and services that streamlines procurement and supply chain processes for its customers in both Canada and the United States. The Company offers an online network that helps companies connect and interact with each other to transmit documents to manage their businesses through the augmented exchange of documents.

Earnings History and Estimates for Cortex Business Solutions (CVE:CBX)

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