Tecsys (TSE:TCS) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Tecsys Inc. (TSE:TCS)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$37.26 and traded as low as C$35.38. Tecsys shares last traded at C$35.38, with a volume of 5,773 shares.

Tecsys Price Performance

The company has a debt-to-equity ratio of 2.64, a current ratio of 1.31 and a quick ratio of 1.40. The stock’s 50 day moving average price is C$34.82 and its two-hundred day moving average price is C$37.22. The firm has a market capitalization of C$524.15 million, a price-to-earnings ratio of 117.93 and a beta of 0.94.

Tecsys Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 3rd. Shareholders of record on Friday, September 19th were issued a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 1.0%. Tecsys’s dividend payout ratio (DPR) is currently 111.67%.

Tecsys Company Profile

Tecsys Inc is engaged in the development and sale of enterprise supply chain management software for distribution, warehousing, transportation logistics, point-of-use and order management. It also provides related consulting, education and support services. The company serves healthcare systems, services parts, third-party logistics, retail and general wholesale distribution industries.