Tecsys (TSE:TCS) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Shares of Tecsys Inc. (TSE:TCS) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$38.18 and traded as low as C$35.12. Tecsys shares last traded at C$35.50, with a volume of 50,539 shares changing hands.

Tecsys Stock Down 0.0%

The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.40 and a current ratio of 1.31. The stock has a 50 day moving average price of C$34.86 and a 200 day moving average price of C$38.18. The company has a market cap of C$525.93 million, a P/E ratio of 118.33 and a beta of 0.92.

Tecsys Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 3rd. Stockholders of record on Friday, September 19th were paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.0%. Tecsys’s dividend payout ratio is presently 111.67%.

About Tecsys

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.