Shares of Topicus.com Inc. (CVE:TOI – Get Free Report) crossed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of C$97.31 and traded as low as C$93.50. Topicus.com shares last traded at C$94.52, with a volume of 54,105 shares trading hands.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on TOI shares. Royal Bank Of Canada lowered their price objective on Topicus.com from C$150.00 to C$145.00 and set an “outperform” rating for the company in a research report on Thursday, August 6th. Desjardins upped their target price on Topicus.com from C$140.00 to C$145.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Three investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$143.75.
Read Our Latest Analysis on TOI
Topicus.com Trading Down 3.1%
The company has a market cap of C$7.90 billion, a price-to-earnings ratio of 225.05 and a beta of 0.06. The firm’s 50-day moving average price is C$94.07 and its 200 day moving average price is C$97.31.
Topicus.com Inc is a technology company in the Application Software industry.
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