Evertz Technologies (OTCMKTS:EVTZF) Share Price Breaks Below Two Hundred Day Moving Average – Here’s What Happened

Evertz Technologies Limited (OTCMKTS:EVTZF) crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $11.73 and traded as low as $8.41. Evertz Technologies shares last traded at $8.41, with a volume of 18,442 shares traded.

Analyst Ratings Changes

EVTZF has been the topic of a number of recent analyst reports. BMO Capital Markets reiterated an “outperform” rating on shares of Evertz Technologies in a research report on Tuesday, September 15th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Evertz Technologies in a research note on Tuesday, September 15th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Evertz Technologies Stock Performance

The company has a 50-day simple moving average of $11.21 and a two-hundred day simple moving average of $11.71.

About Evertz Technologies

Evertz Technologies Limited is a Canadian provider of broadcast and media technology solutions. The company develops and manufactures equipment and software used to create, manage, distribute and monitor video and audio content for television broadcasters, streaming providers, production companies and other media organizations.

Its product portfolio includes routing and signal-processing systems, broadcast infrastructure, video servers, playout and automation platforms, monitoring and multiviewing tools, graphics solutions, newsroom and production systems, and technologies supporting IP-based and cloud workflows.