TECSYS Inc. (TSE:TCS) shot up 1.5% on Monday . The company traded as high as C$21.92 and last traded at C$21.86, 6,564 shares changed hands during mid-day trading. An increase of 6% from the average session volume of 6,214 shares. The stock had previously closed at C$21.53.
Several equities research analysts recently issued reports on TCS shares. National Bank Financial set a C$18.00 price target on TECSYS and gave the company an “outperform” rating in a research report on Monday, December 16th. Haywood Securities lifted their price objective on shares of TECSYS from C$18.00 to C$22.25 in a report on Friday, December 6th. Cormark boosted their target price on shares of TECSYS from C$19.00 to C$22.00 in a research note on Friday, December 6th. Finally, Laurentian boosted their target price on shares of TECSYS from C$19.00 to C$23.00 in a research note on Friday, December 6th.
The company has a market capitalization of $284.80 million and a price-to-earnings ratio of -1,374.38. The stock has a 50 day simple moving average of C$19.78 and a 200 day simple moving average of C$15.71. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 54.88.
TECSYS (TSE:TCS) last announced its quarterly earnings results on Wednesday, December 4th. The company reported C$0.11 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.01 by C$0.10. The company had revenue of C$26.01 million for the quarter, compared to analyst estimates of C$23.79 million. As a group, analysts forecast that TECSYS Inc. will post 0.42 EPS for the current year.
About TECSYS (TSE:TCS)
TECSYS Inc engages in the development, marketing, and sale of supply chain management software for distribution, warehousing, transportation logistics, and point-of-use in Canada, the United States, and internationally. The company offers warehouse management, distribution management, transportation management, and supply management at point-of-use, as well as financial management and analytics solutions; ITopia, a Healthcare Logistics Platform.
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