Evertz Technologies Limited (TSE:ET – Get Rating)’s share price hit a new 52-week low on Wednesday . The company traded as low as C$10.75 and last traded at C$10.75, with a volume of 15766 shares. The stock had previously closed at C$11.20.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on the company. Canaccord Genuity Group reduced their price target on Evertz Technologies from C$16.50 to C$15.00 in a research note on Friday, March 3rd. BMO Capital Markets reduced their price target on Evertz Technologies from C$16.00 to C$15.00 in a research note on Friday, March 3rd. Finally, Raymond James reduced their price target on Evertz Technologies from C$16.50 to C$15.50 and set an “outperform” rating on the stock in a research note on Friday, March 3rd.
Evertz Technologies Stock Up 3.2 %
The company has a current ratio of 1.92, a quick ratio of 0.68 and a debt-to-equity ratio of 13.77. The firm has a market capitalization of C$830.36 million, a PE ratio of 12.82, a price-to-earnings-growth ratio of 0.79 and a beta of 0.74. The firm has a 50-day moving average of C$12.43 and a two-hundred day moving average of C$12.52.
Evertz Technologies Dividend Announcement
About Evertz Technologies
Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution encoder, decoder, receiver, processing, and modulation products; and control panels, unified controls, accessories, and network management systems.
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