Topicus.com (CVE:TOI) Trading Down 1% – What’s Next?

Topicus.com Inc. (CVE:TOI)’s share price traded down 1% during mid-day trading on Tuesday . The stock traded as low as C$94.75 and last traded at C$96.13. 86,910 shares traded hands during trading, a decline of 21% from the average session volume of 110,604 shares. The stock had previously closed at C$97.10.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Royal Bank Of Canada lowered their price objective on shares of Topicus.com from C$160.00 to C$150.00 and set an “outperform” rating for the company in a research note on Thursday, February 26th. TD Securities cut their price objective on shares of Topicus.com from C$201.00 to C$140.00 in a report on Thursday, February 19th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, Topicus.com has a consensus rating of “Buy” and a consensus target price of C$145.00.

Topicus.com Trading Down 1.0%

The stock has a market cap of C$8.01 billion, a PE ratio of 192.26 and a beta of -0.06. The business has a fifty day simple moving average of C$97.23.