Tecsys Inc. (TSE:TCS) Senior Officer Mark Joseph Bentler Sells 22,150 Shares of Stock

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

Tecsys Stock Performance

Shares of TSE TCS opened at C$38.00 on Thursday. The stock’s fifty day simple moving average is C$36.00 and its 200 day simple moving average is C$31.59. The stock has a market capitalization of C$558.60 million, a price-to-earnings ratio of 271.43 and a beta of 0.67. Tecsys Inc. has a 52-week low of C$23.75 and a 52-week high of C$40.91. The company has a quick ratio of 1.40, a current ratio of 1.47 and a debt-to-equity ratio of 3.20.

Tecsys (TSE:TCS) last announced its earnings results on Thursday, February 29th. The company reported C$0.05 earnings per share (EPS) 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 company had revenue of C$43.82 million for the quarter, compared to the consensus estimate of C$42.95 million. As a group, sell-side analysts forecast that Tecsys Inc. will post 0.6118177 earnings per share for the current fiscal year.

Tecsys Announces Dividend

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

Wall Street Analysts Forecast Growth

Separately, National Bankshares set a C$50.00 price objective on Tecsys and gave the company an “outperform” rating in a report 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.