Tecsys (TSE:TCS) Reaches New 52-Week Low – Here’s Why

Tecsys Inc. (TSE:TCS) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$33.25 and last traded at C$33.12, with a volume of 99081 shares changing hands. The stock had previously closed at C$34.96.

Tecsys Stock Down 4.8%

The company has a market capitalization of C$492.90 million, a price-to-earnings ratio of 110.90 and a beta of 0.94. 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 business’s 50 day moving average is C$34.80 and its 200 day moving average is C$37.06.

Tecsys (TSE:TCS) last posted its quarterly earnings results on Wednesday, December 3rd. The company reported C$0.12 earnings per share (EPS) for the quarter. The business had revenue of C$48.64 million during the quarter. Tecsys had a net margin of 1.49% and a return on equity of 3.78%. Sell-side analysts anticipate that Tecsys Inc. will post 0.4600739 earnings per share for the current 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.