Sylogist Ltd. (TSE:SYZ) Director Taylor Gray Sells 10,000 Shares

Sylogist Ltd. (TSE:SYZ) Director Taylor Gray sold 10,000 shares of the company’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of C$10.81, for a total value of C$108,100.00.

Taylor Gray also recently made the following trade(s):

• On Friday, October 11th, Taylor Gray sold 1,100 shares of Sylogist stock. The stock was sold at an average price of C$11.08, for a total transaction of C$12,183.60.

Sylogist Price Performance

Shares of SYZ stock opened at C$10.88 on Wednesday. Sylogist Ltd. has a 52 week low of C$6.51 and a 52 week high of C$11.60. The stock has a market capitalization of C$254.05 million, a PE ratio of 1,088.00 and a beta of 0.82. The company has a debt-to-equity ratio of 53.47, a quick ratio of 0.51 and a current ratio of 0.45. The stock’s fifty day moving average is C$11.15 and its 200-day moving average is C$10.16.

Sylogist (TSE:SYZ) last posted its quarterly earnings data on Thursday, August 8th. The company reported C($0.01) earnings per share for the quarter, missing the consensus estimate of C$0.05 by C($0.06). Sylogist had a net margin of 0.34% and a return on equity of 0.61%. The company had revenue of C$17.40 million during the quarter, compared to analyst estimates of C$17.33 million. Equities research analysts expect that Sylogist Ltd. will post 0.2447905 EPS for the current fiscal year.

Sylogist Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 11th. Shareholders of record on Wednesday, September 11th were given a $0.01 dividend. The ex-dividend date was Friday, August 30th. This represents a $0.04 dividend on an annualized basis and a yield of 0.37%. Sylogist’s payout ratio is 400.00%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Cormark increased their price target on shares of Sylogist from C$12.25 to C$14.00 in a research report on Friday, August 9th. Ventum Cap Mkts upgraded Sylogist to a “strong-buy” rating in a research report on Tuesday, July 16th. Finally, Acumen Capital set a C$13.25 price target on Sylogist in a research report on Friday, August 9th. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of C$12.96.

About Sylogist

Sylogist Ltd., a software company, provides mission-critical software-as-a-service solutions in Canada, the United States, and the United Kingdom. The company offers SylogistMission constituent relationship management system, which includes donor management, fundraising, volunteer management, and program delivery; and enterprise resource management, such as accounting and financial management, grant and award management, budget management, payroll and human resources, analytics and reporting, and support and training.