Sylogist (TSE:SYZ) Reaches New 1-Year Low – Should You Sell?

Sylogist Ltd. (TSE:SYZ) shares hit a new 52-week low during trading on Friday . The stock traded as low as C$7.97 and last traded at C$8.33, with a volume of 20152 shares trading hands. The stock had previously closed at C$8.31.

Sylogist Price Performance

The business has a 50-day moving average of C$9.48 and a 200 day moving average of C$10.07. The firm has a market capitalization of C$197.67 million, a P/E ratio of 185.53 and a beta of 0.82. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 47.19.

Sylogist Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, March 12th were issued a $0.01 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.48%. Sylogist’s dividend payout ratio is presently 88.77%.

Sylogist Company Profile

Sylogist Ltd., a software company, provides mission-critical software-as-a-service solutions in Canada, the United States, and the United Kingdom. The company offers SylogistMission constituent relationship management system, which includes donor management, fundraising, volunteer management, and program delivery; and enterprise resource management, such as accounting and financial management, grant and award management, budget management, payroll and human resources, analytics and reporting, and support and training.