Sylogist Ltd. (TSE:SYZ) Director Acquires C$29,996.82 in Stock

Sylogist Ltd. (TSE:SYZ - Get Free Report) Director Tracy Edkins acquired 3,222 shares of the business's stock in a transaction dated Friday, April 19th. The stock was acquired at an average cost of C$9.31 per share, with a total value of C$29,996.82.

Sylogist Trading Down 1.0 %

Shares of SYZ opened at C$9.20 on Wednesday. Sylogist Ltd. has a 52-week low of C$5.40 and a 52-week high of C$9.96. The business's fifty day moving average is C$8.99 and its 200-day moving average is C$7.93. The company has a debt-to-equity ratio of 47.19, a quick ratio of 0.51 and a current ratio of 0.54. The firm has a market cap of C$215.92 million, a price-to-earnings ratio of 184.00 and a beta of 0.84.

Sylogist (TSE:SYZ - Get Free Report) last issued its quarterly earnings results on Thursday, March 14th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.05 by C($0.04). Sylogist had a net margin of 1.68% and a return on equity of 2.84%. The business had revenue of C$16.17 million during the quarter, compared to the consensus estimate of C$16.43 million. Equities analysts anticipate that Sylogist Ltd. will post 0.2047516 EPS for the current fiscal year.

Sylogist Announces Dividend


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The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 13th. Stockholders of record on Thursday, February 29th were paid a $0.01 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $0.04 annualized dividend and a dividend yield of 0.43%. Sylogist's payout ratio is 80.00%.

Analysts Set New Price Targets

SYZ has been the subject of several research reports. Echelon Wealth Partners lifted their price target on Sylogist from C$11.00 to C$12.50 and gave the stock a "buy" rating in a report on Monday, April 15th. Stifel Nicolaus set a C$14.00 price objective on Sylogist and gave the stock a "buy" rating in a research note on Thursday, February 1st. Cormark raised their price objective on Sylogist from C$10.50 to C$11.00 in a research note on Friday, March 15th. Finally, Paradigm Capital set a C$12.00 price objective on Sylogist and gave the stock a "buy" rating in a research note on Wednesday, February 14th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and an average target price of C$11.50.

Check Out Our Latest Research Report on SYZ

Sylogist Company Profile

(Get Free Report)

Sylogist Ltd., a software company, provides software-as-a-service solutions in Canada, the United States, and the United Kingdom. The company manages IT services, business applications, and Web portals. The company was incorporated in 1993 and is headquartered in Calgary, Canada.

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