Sylogist (TSE:SYZ) Director Andrew Anthony Shen Acquires 3,500 Shares

Sylogist Ltd. (TSE:SYZ) Director Andrew Anthony Shen acquired 3,500 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were acquired at an average cost of C$3.66 per share, for a total transaction of C$12,810.00. Following the completion of the transaction, the director directly owned 227,600 shares of the company’s stock, valued at C$833,016. The trade was a 1.56% increase in their ownership of the stock.

Sylogist Stock Performance

Shares of Sylogist stock traded down C$0.03 during trading on Tuesday, hitting C$3.73. 2,137 shares of the company’s stock traded hands, compared to its average volume of 95,663. The company has a debt-to-equity ratio of 70.73, a current ratio of 0.76 and a quick ratio of 0.51. Sylogist Ltd. has a 1 year low of C$3.03 and a 1 year high of C$9.89. The stock has a market capitalization of C$86.89 million, a P/E ratio of -11.66 and a beta of 0.39. The business has a 50-day simple moving average of C$3.62 and a 200-day simple moving average of C$4.30.

Sylogist (TSE:SYZ) last released its quarterly earnings data on Tuesday, May 12th. The company reported C($0.16) EPS for the quarter. Sylogist had a negative net margin of 12.41% and a negative return on equity of 24.29%. The business had revenue of C$14.74 million for the quarter. As a group, analysts forecast that Sylogist Ltd. will post 0.2447905 EPS for the current year.

Analyst Ratings Changes

Separately, Ventum Financial cut Sylogist from a “buy” rating to a “hold” rating and dropped their price objective for the company from C$7.00 to C$4.75 in a research report on Friday, March 20th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Sylogist presently has a consensus rating of “Hold” and a consensus price target of C$4.75.

About Sylogist

Sylogist provides mission-critical SaaS solutions to over 2,000 public sector customers across the government, nonprofit, and education market segments. The Company’s stock is traded on the Toronto Stock Exchange under the symbol SYZ. Information about Sylogist, inclusive of full financial statements together with Management’s Discussion and Analysis, can be found at sedarplus.ca or at sylogist.com.