Key Points
- Director David Brereton sold 600 Tecsys shares at an average price of C$30.57, generating C$18,342 and reducing his holdings by 0.08% to 710,572 shares.
- Tecsys shares opened at C$31.00 and have traded between C$22.51 and C$38.00 over the past year. The company reported quarterly revenue of C$50.05 million and a loss of C$0.02 per share.
- Analyst sentiment remains positive, with an average rating of “Buy” and a consensus price target of C$38.70; several firms recently upgraded the stock to “strong buy” or “outperform.”
Tecsys Inc. (TSE:TCS - Get Free Report) Director David Brereton sold 600 shares of the company's stock in a transaction on Friday, August 28th. The shares were sold at an average price of C$30.57, for a total transaction of C$18,342.00. Following the sale, the director directly owned 710,572 shares in the company, valued at approximately 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 shares were sold at an average price of C$30.57, for a total transaction 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 stock was 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 value 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 value 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 value 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 value of C$10,701.00.
Tecsys Trading Up 0.4%
Shares of TCS stock opened at C$31.00 on Friday. The company has a market cap of C$446.93 million, a PE ratio of 114.81 and a beta of 0.85. Tecsys Inc. has a 1 year low of C$22.51 and a 1 year high of C$38.00. The stock's 50 day simple moving average is C$32.86 and its two-hundred day simple moving average is C$31.83. The company has a debt-to-equity ratio of 8.49, a current ratio of 1.12 and a quick ratio of 1.40.
Tecsys (TSE:TCS - Get Free Report) last announced its earnings results on Monday, June 29th. The company reported C($0.02) EPS for the quarter. The company 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%. Research analysts predict that Tecsys Inc. will post 0.4600739 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several research firms have commented on TCS. Canaccord Genuity Group raised shares of Tecsys to a "strong-buy" rating in a research note on Thursday, August 6th. TD Securities raised shares of Tecsys to a "strong-buy" rating in a research note on Thursday, July 9th. TD set a C$39.00 target price on shares of Tecsys and gave the stock a "buy" rating in a report on Wednesday, July 8th. Finally, National Bank Financial raised shares of Tecsys from a "sector perform" rating to an "outperform" rating and lifted their price target for the stock from C$40.00 to C$46.00 in a research note on Wednesday, May 27th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, Tecsys currently has an average rating of "Buy" and a consensus price target of C$38.70.
View Our Latest Research Report on TCS
Tecsys Company Profile
(
Get Free Report)
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.
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