Sylogist (TSE:SYZ) Insider Joel Leetzow Buys 8,215 Shares

Sylogist Ltd. (TSE:SYZ) insider Joel Leetzow acquired 8,215 shares of the stock in a transaction dated Friday, September 18th. The shares were bought at an average cost of C$2.95 per share, with a total value of C$24,234.25. Following the completion of the purchase, the insider directly owned 8,215 shares in the company, valued at approximately C$24,234.25. This trade represents a ? increase in their ownership of the stock.

Sylogist Trading Down 1.4%

Shares of SYZ opened at C$2.90 on Wednesday. The company has a current ratio of 0.75, a quick ratio of 0.51 and a debt-to-equity ratio of 77.16. The firm has a market capitalization of C$67.56 million, a P/E ratio of -8.06 and a beta of 0.35. The stock’s fifty day simple moving average is C$3.19 and its 200 day simple moving average is C$3.48. Sylogist Ltd. has a twelve month low of C$2.72 and a twelve month high of C$7.39.

Analyst Ratings Changes

Separately, ATB Cormark Capital Markets cut their price target on shares of Sylogist from C$5.50 to C$4.75 and set a “speculative buy” rating on the stock in a report on Thursday, August 13th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of C$4.75.

Sylogist Company Profile

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.