Industrial Alliance Securities reissued their buy rating on shares of TECSYS Inc. (TSE:TCS) in a research note published on Wednesday. Industrial Alliance Securities currently has a C$17.00 price target on the stock.

TECSYS (TSE:TCS) opened at 15.94 on Wednesday. The stock has a 50 day moving average price of $13.53 and a 200 day moving average price of $13.15. The company has a market cap of $208.53 million and a PE ratio of 33.28. TECSYS has a one year low of $8.99 and a one year high of $17.18.

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The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 6th. Stockholders of record on Friday, September 22nd will be issued a dividend of $0.045 per share. The ex-dividend date of this dividend is Thursday, September 21st. This represents a $0.18 annualized dividend and a dividend yield of 1.13%.

In other news, Director Peter Brereton sold 67,920 shares of the company’s stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of C$14.90, for a total transaction of C$1,012,008.00.

TECSYS Company Profile

Tecsys Inc is a Canada-based company engaged in the development, marketing and sale of enterprise-wide supply chain management software for distribution, warehousing, transportation logistics and point-of-use. The Company also provides related consulting, education and support services. Its Supply Chain Platform with Visual Content is a technology for optimizing warehouse management operations.

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