Tecsys (TSE:TCS) Reaches New 1-Year Low After Insider Selling

Tecsys Inc. (TSE:TCS) hit a new 52-week low on Tuesday following insider selling activity. The company traded as low as C$31.49 and last traded at C$32.00, with a volume of 3962 shares traded. The stock had previously closed at C$31.80.

Specifically, Director David Brereton sold 800 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of C$32.73, for a total value of C$26,184.00. Following the sale, the director owned 737,772 shares of the company’s stock, valued at approximately C$24,147,277.56. This represents a 0.11% decrease in their position.

Tecsys Stock 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 has a fifty day moving average price of C$34.41 and a two-hundred day moving average price of C$36.46. The company has a market cap of C$471.94 million, a P/E ratio of 88.89 and a beta of 1.00.

Tecsys (TSE:TCS) last released its quarterly earnings results on Wednesday, December 3rd. The company reported C$0.12 earnings per share (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%. On average, equities analysts forecast that Tecsys Inc. will post 0.4600739 earnings per share for the current fiscal year.

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.