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

Tecsys Inc. (TSE:TCS) Director David Brereton sold 75,405 shares of the stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of C$37.50, for a total transaction of C$2,827,687.50.

Tecsys Stock Performance

Shares of TCS stock opened at C$38.58 on Friday. The company’s fifty day simple moving average is C$36.15 and its 200-day simple moving average is C$31.64. Tecsys Inc. has a 52 week low of C$23.75 and a 52 week high of C$40.91. The company has a current ratio of 1.47, a quick ratio of 1.40 and a debt-to-equity ratio of 3.20. The company has a market cap of C$567.13 million, a PE ratio of 275.57 and a beta of 0.67.

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

Tecsys Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 11th. Investors of record on Thursday, March 21st will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date is Wednesday, March 20th. Tecsys’s payout ratio is 228.57%.

Analysts Set New Price Targets

Separately, National Bankshares set a C$50.00 target price on shares of 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.