TECSYS (TCS) Shares Down 4.2%

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.

TECSYS (TSE:TCS) last issued its earnings results on Thursday, November 30th. The company reported C$0.10 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.07 by C$0.03. TECSYS had a net margin of 0.42% and a return on equity of 0.77%.

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%.

TRADEMARK VIOLATION NOTICE: This article was first posted by Community Financial News and is the property of of Community Financial News. If you are accessing this article on another site, it was illegally copied and reposted in violation of United States and international copyright legislation. The legal version of this article can be read at https://www.com-unik.info/2018/01/31/tecsys-tcs-shares-down-4-2.html.

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.

Receive News & Ratings for TECSYS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TECSYS and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit