Tecsys (TSE:TCS) Director David Brereton Sells 500 Shares

Tecsys Inc. (TSE:TCS) Director David Brereton sold 500 shares of the firm’s stock in a transaction on Friday, July 3rd. The shares were sold at an average price of C$31.00, for a total transaction of C$15,500.00. Following the transaction, the director owned 716,472 shares in the company, valued at C$22,210,632. This represents a 0.07% decrease in their position.

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

• On Friday, June 12th, David Brereton sold 1,000 shares of Tecsys stock. The stock was sold at an average price of C$36.47, for a total transaction of C$36,470.00.
• On Friday, June 12th, David Brereton sold 700 shares of Tecsys stock. The stock was sold at an average price of C$36.48, for a total transaction of C$25,536.00.
• On Friday, June 5th, David Brereton sold 200 shares of Tecsys stock. The shares were sold at an average price of C$35.50, for a total value of C$7,100.00.
• On Friday, June 5th, David Brereton sold 300 shares of Tecsys stock. The shares were sold at an average price of C$35.67, for a total value of C$10,701.00.
• On Friday, June 5th, David Brereton sold 100 shares of Tecsys stock. The stock was sold at an average price of C$36.12, for a total value of C$3,612.00.

Tecsys Stock Up 2.1%

Shares of TCS traded up C$0.64 during trading hours on Tuesday, hitting C$31.77. 450 shares of the company were exchanged, compared to its average volume of 21,842. The company has a market cap of C$458.57 million, a PE ratio of 117.67 and a beta of 0.84. The firm’s 50 day moving average is C$35.32 and its 200-day moving average is C$30.85. Tecsys Inc. has a 52 week low of C$22.51 and a 52 week high of C$40.23. The company has a debt-to-equity ratio of 8.49, a quick ratio of 1.40 and a current ratio of 1.12.

Tecsys (TSE:TCS) last issued its quarterly earnings data on Monday, June 29th. The company reported C($0.02) earnings per share for the quarter. Tecsys had a net margin of 2.09% and a return on equity of 5.99%. The company had revenue of C$50.05 million during the quarter. On average, equities research analysts forecast that Tecsys Inc. will post 0.4600739 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, National Bank Financial upgraded shares of Tecsys from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from C$40.00 to C$46.00 in a research note on Wednesday, May 27th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$38.62.

About Tecsys

Tecsys is trusted by mission-critical organizations in healthcare and distribution to build resilient, efficient and secure supply chains. A global provider of cloud-based, AI-driven software with deep domain expertise, Tecsys delivers real-time operational visibility and execution across critical workflows when performance and reliability matter most. Tecsys is publicly traded on the Toronto Stock Exchange (TCS). For more information, visit www.tecsys.com.