Tecsys Inc. (TSE:TCS) Director David Brereton Sells 75,405 Shares

Tecsys Inc. (TSE:TCS) Director David Brereton sold 75,405 shares of the firm’s stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of C$37.50, for a total value of C$2,827,687.50.

Tecsys Price Performance

Tecsys stock opened at C$38.00 on Thursday. The company has a quick ratio of 1.40, a current ratio of 1.47 and a debt-to-equity ratio of 3.20. The stock has a market cap of C$558.60 million, a P/E ratio of 271.43 and a beta of 0.67. The company’s 50 day moving average price is C$36.00 and its two-hundred day moving average price is C$31.59. Tecsys Inc. has a 52 week low of C$23.75 and a 52 week high of C$40.91.

Tecsys (TSE:TCS) last posted its quarterly earnings results on Thursday, February 29th. The company reported C$0.05 EPS for the quarter, topping analysts’ consensus estimates of C$0.04 by C$0.01. The company had revenue of C$43.82 million for the quarter, compared to analysts’ expectations of C$42.95 million. Tecsys had a net margin of 1.21% and a return on equity of 2.86%. On average, equities analysts predict that Tecsys Inc. will post 0.6118177 earnings per share for the current year.

Tecsys Dividend Announcement

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

Wall Street Analyst Weigh In

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

About Tecsys

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.