Tecsys (TSE:TCS) PT Lowered to C$41.00 at Cormark

Tecsys (TSE:TCS) had its target price lowered by analysts at Cormark from C$45.00 to C$41.00 in a research note issued on Tuesday, BayStreet.CA reports. Cormark’s target price would suggest a potential upside of 13.95% from the company’s previous close.

Separately, Ventum Cap Mkts raised Tecsys to a “strong-buy” rating in a research report on Monday, June 24th.

Tecsys Trading Up 2.8 %

Shares of TSE TCS traded up C$0.99 during trading hours on Tuesday, hitting C$35.98. The company’s stock had a trading volume of 8,042 shares, compared to its average volume of 9,793. The company has a debt-to-equity ratio of 3.20, a quick ratio of 1.40 and a current ratio of 1.47. The stock has a market cap of C$536.46 million, a price-to-earnings ratio of 257.00 and a beta of 0.68. Tecsys has a 12 month low of C$24.31 and a 12 month high of C$40.91. The business has a 50-day simple moving average of C$35.37 and a 200-day simple moving average of C$35.22.

Tecsys Company Profile

Tecsys Inc engages in the development, marketing, and sale of enterprise-wide supply chain management software and related services in Canada, the United States, Europe, and internationally. The company offers warehouse management, distribution and transportation management, supply management at point-of-use and order management and fulfillment, as well as financial management and analytics solutions.