Tecsys (TSE:TCS) Director David Brereton Sells 400 Shares

Tecsys Inc. (TSE:TCS) Director David Brereton sold 400 shares of the stock in a transaction dated Friday, January 9th. The shares were sold at an average price of C$30.54, for a total value of C$12,216.00. Following the completion of the transaction, the director directly owned 733,872 shares of the company’s stock, valued at C$22,412,450.88. This represents a 0.05% decrease in their position.

David Brereton also recently made the following trade(s):

• On Friday, January 9th, David Brereton sold 100 shares of Tecsys stock. The stock was sold at an average price of C$30.55, for a total value of C$3,055.00.
• On Friday, December 12th, David Brereton sold 800 shares of Tecsys stock. The shares were sold at an average price of C$32.73, for a total value of C$26,184.00.
• On Friday, December 12th, David Brereton sold 300 shares of Tecsys stock. The stock was sold at an average price of C$32.72, for a total transaction of C$9,816.00.
• On Friday, December 12th, David Brereton sold 500 shares of Tecsys stock. The stock was sold at an average price of C$32.50, for a total transaction of C$16,250.00.

Tecsys Stock Down 3.1%

TSE TCS traded down C$0.93 during trading hours on Friday, reaching C$29.55. 14,584 shares of the company traded hands, compared to its average volume of 23,934. The stock has a market capitalization of C$435.80 million, a PE ratio of 82.08 and a beta of 0.95. The company has a current ratio of 1.31, a quick ratio of 1.40 and a debt-to-equity ratio of 2.64. Tecsys Inc. has a 12 month low of C$28.86 and a 12 month high of C$47.48. The company has a 50 day moving average of C$33.16 and a two-hundred day moving average of C$35.22.

Tecsys (TSE:TCS) last issued its earnings results on Wednesday, December 3rd. The company reported C$0.12 EPS for the quarter. The company had revenue of C$48.64 million during the quarter. Tecsys had a return on equity of 3.78% and a net margin of 1.49%. As a group, equities analysts expect that Tecsys Inc. will post 0.4600739 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, National Bankshares set a C$38.00 price target on shares of Tecsys and gave the stock a “sector perform” rating in a research report on Thursday, December 18th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of C$45.00.

About Tecsys

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. Geographically, it derives a majority of revenue from the United States and also has a presence in Canada and Other Countries.