David Brereton Sells 600 Shares of Tecsys (TSE:TCS) Stock

Tecsys Inc. (TSE:TCS) Director David Brereton sold 600 shares of Tecsys stock in a transaction on Friday, August 28th. The shares were sold at an average price of C$30.57, for a total value of C$18,342.00. Following the transaction, the director owned 710,572 shares of the company’s stock, valued at C$21,722,186.04. The trade was a 0.08% decrease in their position.

David Brereton also recently made the following trade(s):

• On Friday, August 21st, David Brereton sold 500 shares of Tecsys stock. The stock was sold at an average price of C$30.57, for a total value of C$15,285.00.
• On Friday, August 21st, David Brereton sold 400 shares of Tecsys stock. The stock was sold at an average price of C$30.43, for a total transaction of C$12,172.00.
• On Friday, August 21st, David Brereton sold 300 shares of Tecsys stock. The stock was sold at an average price of C$30.41, for a total transaction of C$9,123.00.
• On Friday, July 17th, David Brereton sold 1,700 shares of Tecsys stock. The shares were sold at an average price of C$33.00, for a total transaction of C$56,100.00.
• On Friday, July 10th, David Brereton sold 200 shares of Tecsys stock. The shares were sold at an average price of C$34.00, for a total transaction of C$6,800.00.
• On Friday, July 3rd, David Brereton sold 500 shares of Tecsys stock. The shares were sold at an average price of C$31.00, for a total transaction of C$15,500.00.
• On Friday, June 12th, David Brereton sold 1,000 shares of Tecsys stock. The stock was sold at an average price of C$36.47, for a total transaction of C$36,470.00.
• On Friday, June 12th, David Brereton sold 700 shares of Tecsys stock. The stock was sold at an average price of C$36.48, for a total transaction of C$25,536.00.
• On Friday, June 5th, David Brereton sold 200 shares of Tecsys stock. The stock was sold at an average price of C$35.50, for a total transaction of C$7,100.00.
• On Friday, June 5th, David Brereton sold 300 shares of Tecsys stock. The shares were sold at an average price of C$35.67, for a total transaction of C$10,701.00.

Tecsys Trading Up 0.4%

TSE:TCS opened at C$31.00 on Friday. The stock has a market cap of C$446.93 million, a price-to-earnings ratio of 114.81 and a beta of 0.85. The company has a quick ratio of 1.40, a current ratio of 1.12 and a debt-to-equity ratio of 8.49. The company’s 50 day moving average price is C$32.86 and its 200-day moving average price is C$31.83. Tecsys Inc. has a 52 week low of C$22.51 and a 52 week high of C$38.00.

Tecsys (TSE:TCS) last announced its quarterly earnings data on Monday, June 29th. The company reported C($0.02) earnings per share for the quarter. The firm had revenue of C$50.05 million during the quarter. Tecsys had a return on equity of 5.99% and a net margin of 2.09%. On average, equities research analysts forecast that Tecsys Inc. will post 0.4600739 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on TCS shares. Canaccord Genuity Group upgraded Tecsys to a “strong-buy” rating in a research note on Thursday, August 6th. National Bank Financial upgraded Tecsys from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from C$40.00 to C$46.00 in a report on Wednesday, May 27th. TD set a C$39.00 target price on Tecsys and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Finally, TD Securities upgraded shares of Tecsys to a “strong-buy” rating in a research note on Thursday, July 9th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of C$38.70.

About Tecsys

Tecsys is trusted by mission-critical organizations in healthcare and distribution to build resilient, efficient and secure supply chains. A global provider of cloud-based, AI-driven software with deep domain expertise, Tecsys delivers real-time operational visibility and execution across critical workflows when performance and reliability matter most. Tecsys is publicly traded on the Toronto Stock Exchange (TCS). For more information, visit www.tecsys.com.