Tecsys Inc. (TSE:TCS – Get Free Report)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as C$44.90 and last traded at C$44.90, with a volume of 21155 shares changing hands. The stock had previously closed at C$42.57.
Analyst Upgrades and Downgrades
Separately, Cormark downgraded Tecsys from a “moderate buy” rating to a “hold” rating in a research report on Monday, September 9th.
View Our Latest Stock Analysis on TCS
Tecsys Stock Up 5.5 %
Tecsys (TSE:TCS – Get Free Report) last announced its quarterly earnings data on Thursday, September 5th. The company reported C$0.05 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.09 by C($0.04). The firm had revenue of C$42.28 million during the quarter, compared to analyst estimates of C$44.89 million. Tecsys had a net margin of 0.86% and a return on equity of 2.08%. Analysts forecast that Tecsys Inc. will post 0.4600739 EPS for the current fiscal year.
Tecsys Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 4th. Stockholders of record on Friday, September 20th were issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date was Friday, September 20th. Tecsys’s dividend payout ratio is presently 320.00%.
About Tecsys
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.
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