Tecsys (TSE:TCS) Sets New 52-Week High – Time to Buy?

Tecsys Inc. (TSE:TCS)’s stock price hit a new 52-week high on Wednesday . The company traded as high as C$45.07 and last traded at C$45.07, with a volume of 7198 shares changing hands. The stock had previously closed at C$44.10.

Analyst Ratings Changes

Separately, Cormark cut Tecsys from a “moderate buy” rating to a “hold” rating in a research report on Monday, September 9th.

Tecsys Stock Performance

The company has a debt-to-equity ratio of 2.87, a current ratio of 1.38 and a quick ratio of 1.40. The stock has a market cap of C$654.90 million, a P/E ratio of 446.20 and a beta of 0.65. The company has a fifty day moving average of C$41.32 and a 200 day moving average of C$39.08.

Tecsys (TSE:TCS) last posted its quarterly earnings results on Thursday, September 5th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.09 by C($0.04). Tecsys had a net margin of 0.86% and a return on equity of 2.08%. The company had revenue of C$42.28 million during the quarter, compared to the consensus estimate of C$44.89 million. On average, equities analysts predict that Tecsys Inc. will post 0.4600739 earnings per share for the current fiscal year.

Tecsys Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 4th. Stockholders of record on Friday, September 20th were issued a $0.08 dividend. The ex-dividend date was Friday, September 20th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.72%. Tecsys’s payout ratio is currently 320.00%.

Tecsys Company Profile

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.