TECSYS Inc. (TSE:TCS) shares were down 4.2% during trading on Wednesday . The stock traded as low as C$17.01 and last traded at C$17.01. Approximately 830 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 4,357 shares. The stock had previously closed at C$17.75.
Several research analysts have recently commented on TCS shares. Laurentian raised their price objective on shares of TECSYS from C$16.00 to C$18.25 in a research note on Monday, December 4th. Laurentian Bank of Canada raised their target price on shares of TECSYS from C$16.00 to C$18.25 in a report on Monday, December 4th. Finally, Beacon Securities cut shares of TECSYS from a “buy” rating to a “hold” rating in a report on Monday, December 4th.
The company has a market cap of $236.14, a price-to-earnings ratio of 31.14 and a beta of 0.82.
The company also recently announced a quarterly dividend, which was paid on Thursday, January 11th. Investors of record on Thursday, December 21st were issued a $0.05 dividend. This is a boost from TECSYS’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Wednesday, December 20th. This represents a $0.20 annualized dividend and a yield of 1.18%. TECSYS’s dividend payout ratio (DPR) is 23.68%.
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TECSYS Company Profile
Tecsys Inc is a Canada-based company engaged in the development, marketing and sale of enterprise-wide supply chain management software for distribution, warehousing, transportation logistics and point-of-use. The Company also provides related consulting, education and support services. Its Supply Chain Platform with Visual Content is a technology for optimizing warehouse management operations.
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