Tecsys (TSE:TCS) Hits New 1-Year Low – What’s Next?

Tecsys Inc. (TSE:TCS)’s share price reached a new 52-week low during trading on Monday . The company traded as low as C$31.00 and last traded at C$30.95, with a volume of 25531 shares traded. The stock had previously closed at C$32.10.

Wall Street Analysts Forecast Growth

Separately, National Bankshares set a C$38.00 target price on Tecsys and gave the company a “sector perform” rating in a research report on Thursday, December 18th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$45.00.

Tecsys Trading Down 4.5%

The company has a market cap of C$454.23 million, a price-to-earnings ratio of 85.17 and a beta of 1.00. The business’s fifty day moving average price is C$34.03 and its 200 day moving average price is C$35.86. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.31 and a quick ratio of 1.40.

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

Insider Activity

In other Tecsys news, Director David Brereton sold 800 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of C$32.73, for a total transaction of C$26,184.00. Following the completion of the sale, the director owned 737,772 shares of the company’s stock, valued at approximately C$24,147,277.56. This represents a 0.11% decrease in their position. Also, insider Briarwood Capital Partners Lp acquired 39,400 shares of the firm’s stock in a transaction dated Thursday, November 13th. The shares were purchased at an average price of C$34.25 per share, with a total value of C$1,349,450.00. Following the completion of the transaction, the insider owned 1,702,565 shares of the company’s stock, valued at C$58,312,851.25. This trade represents a 2.37% increase in their ownership of the stock. In the last three months, insiders sold 2,200 shares of company stock valued at $73,550. 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.