Tecsys (TSE:TCS) Reaches New 12-Month Low – What’s Next?

Tecsys Inc. (TSE:TCS)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as C$25.76 and last traded at C$26.19, with a volume of 9588 shares traded. The stock had previously closed at C$26.10.

Wall Street Analysts Forecast Growth

Separately, National Bankshares boosted their price target on Tecsys from C$28.00 to C$29.00 and gave the stock a “sector perform” rating in a report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$42.00.

Tecsys Price Performance

The company has a debt-to-equity ratio of 2.64, a current ratio of 1.31 and a quick ratio of 1.40. The company has a market cap of C$388.76 million, a PE ratio of 73.22 and a beta of 0.95. The company has a 50-day moving average price of C$31.15 and a two-hundred day moving average price of C$34.01.

Tecsys (TSE:TCS) last posted its quarterly earnings data on Wednesday, December 3rd. The company reported C$0.12 earnings per share (EPS) for the quarter. Tecsys had a net margin of 1.49% and a return on equity of 3.78%. The company had revenue of C$48.64 million for the quarter. Sell-side analysts expect that Tecsys Inc. will post 0.4600739 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director David Brereton sold 800 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of C$32.73, for a total transaction of C$26,184.00. Following the sale, the director owned 737,772 shares of the company’s stock, valued at C$24,147,277.56. The trade was a 0.11% decrease in their ownership of the stock. Also, insider Briarwood Capital Partners Lp acquired 39,400 shares of Tecsys stock in a transaction dated Thursday, November 13th. The shares were acquired at an average price of C$34.25 per share, with a total value of C$1,349,450.00. Following the transaction, the insider owned 1,702,565 shares in the company, valued at approximately C$58,312,851.25. This represents a 2.37% increase in their position. Insiders have sold a total of 2,100 shares of company stock worth $67,521 over the last quarter. Insiders own 17.05% of the company’s stock.

Tecsys Company Profile

Tecsys Inc is engaged in the development and sale of enterprise supply chain management software for distribution, warehousing, transportation logistics, point-of-use and order management. It also provides related consulting, education and support services. The company serves healthcare systems, services parts, third-party logistics, retail and general wholesale distribution industries. Geographically, it derives a majority of revenue from the United States and also has a presence in Canada and Other Countries.