Converge Technology Solutions Corp. (TSE:CTS – Get Free Report) Senior Officer Cory Reid acquired 2,315 shares of Converge Technology Solutions stock in a transaction dated Friday, March 22nd. The stock was purchased at an average cost of C$5.71 per share, for a total transaction of C$13,218.65.
Converge Technology Solutions Stock Up 0.2 %
Shares of TSE:CTS opened at C$5.77 on Thursday. The business’s 50 day moving average is C$4.89 and its 200 day moving average is C$3.96. Converge Technology Solutions Corp. has a 12-month low of C$2.24 and a 12-month high of C$6.06. The stock has a market cap of C$1.17 billion, a price-to-earnings ratio of -577.00, a PEG ratio of 0.14 and a beta of 1.95. The company has a quick ratio of 0.68, a current ratio of 1.04 and a debt-to-equity ratio of 71.05.
Converge Technology Solutions Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Tuesday, March 12th were paid a $0.01 dividend. The ex-dividend date of this dividend was Monday, March 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.69%. Converge Technology Solutions’s payout ratio is -400.00%.
Analyst Upgrades and Downgrades
Get Our Latest Stock Analysis on CTS
About Converge Technology Solutions
Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions in the United States and Canada. Its solutions approach delivers advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries.
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