Topicus.com (CVE:TOI) Trading 0.1% Higher – What’s Next?

Topicus.com Inc. (CVE:TOI) rose 0.1% during mid-day trading on Tuesday . The company traded as high as C$104.00 and last traded at C$102.10. 163,179 shares were traded during trading, an increase of 61% from the average daily volume of 101,455 shares. The stock had previously closed at C$102.00.

Analysts Set New Price Targets

A number of analysts have recently commented on TOI shares. Royal Bank Of Canada dropped their price objective on Topicus.com from C$150.00 to C$145.00 and set an “outperform” rating on the stock in a research note on Thursday. TD lifted their target price on Topicus.com from C$140.00 to C$145.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Finally, Desjardins boosted their price target on shares of Topicus.com from C$140.00 to C$145.00 and gave the stock a “buy” rating in a research report on Thursday. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$143.75.

Topicus.com Stock Down 3.3%

The stock has a market cap of C$8.37 billion, a price-to-earnings ratio of 271.43 and a beta of 0.08. The company’s 50-day simple moving average is C$97.08 and its 200-day simple moving average is C$97.00.

Topicus.com Inc is a technology company in the Application Software industry.