David Brereton Sells 500 Shares of Tecsys (TSE:TCS) Stock

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

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 value of C$25,536.00.
• On Friday, June 5th, David Brereton sold 200 shares of Tecsys stock. The stock was 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 transaction of C$10,701.00.
• On Friday, June 5th, David Brereton sold 100 shares of Tecsys stock. The shares were sold at an average price of C$36.12, for a total transaction of C$3,612.00.

Tecsys Stock Down 0.3%

Shares of TSE:TCS opened at C$31.90 on Wednesday. The stock has a market cap of C$460.44 million, a price-to-earnings ratio of 118.15 and a beta of 0.84. The company has a quick ratio of 1.40, a current ratio of 1.12 and a debt-to-equity ratio of 8.49. Tecsys Inc. has a 12-month low of C$22.51 and a 12-month high of C$39.58. The business’s 50 day moving average is C$35.25 and its 200 day moving average is C$30.85.

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

Analysts Set New Price Targets

Separately, National Bank Financial upgraded Tecsys from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company 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 stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of C$38.62.

Tecsys Company Profile

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.