TECSYS Inc. (TCS) Trading Up 4.6%
TECSYS Inc. (TSE:TCS)’s share price was up 4.6% during mid-day trading on Friday . The stock traded as high as C$15.88 and last traded at C$15.72. Approximately 9,125 shares traded hands during trading, an increase of 17% from the average daily volume of 7,806 shares. The stock had previously closed at C$15.03.
Separately, Industrial Alliance Securities reissued a “buy” rating and set a C$17.00 price target on shares of TECSYS in a report on Wednesday, September 27th.
The company has a 50 day moving average of $14.08 and a 200 day moving average of $13.50. The firm has a market capitalization of $204.08 million and a P/E ratio of 32.57.
The company also recently announced a quarterly dividend, which will be paid on Friday, October 6th. Investors of record on Friday, September 22nd will be issued a $0.045 dividend. This represents a $0.18 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date is Thursday, September 21st.
In related news, Director Peter Brereton sold 67,920 shares of the stock in a transaction on Wednesday, September 27th. The stock was sold at an average price of C$14.90, for a total value of C$1,012,008.00.
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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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