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

Tecsys Inc. (TSE:TCS) Director David Brereton sold 500 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of C$30.57, for a total value of C$15,285.00. Following the completion of the transaction, the director owned 712,172 shares of the company’s stock, valued at approximately C$21,771,098.04. This represents a 0.07% decrease in their position.

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

• On Friday, August 21st, David Brereton sold 400 shares of Tecsys stock. The shares were sold at an average price of C$30.43, for a total transaction of C$12,172.00.
• On Friday, August 21st, David Brereton sold 300 shares of Tecsys stock. The shares were sold at an average price of C$30.41, for a total transaction of C$9,123.00.
• On Friday, July 17th, David Brereton sold 1,700 shares of Tecsys stock. The stock was sold at an average price of C$33.00, for a total transaction of C$56,100.00.
• On Friday, July 10th, David Brereton sold 200 shares of Tecsys stock. The shares were sold at an average price of C$34.00, for a total transaction of C$6,800.00.
• On Friday, July 3rd, David Brereton sold 500 shares of Tecsys stock. The shares were sold at an average price of C$31.00, for a total transaction of C$15,500.00.
• 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 stock was sold at an average price of C$35.50, for a total transaction 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 value of C$3,612.00.

Tecsys Stock Down 0.8%

Shares of TSE TCS traded down C$0.25 during midday trading on Monday, reaching C$30.75. 1,508 shares of the company’s stock were exchanged, compared to its average volume of 18,582. 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 Inc. has a 52-week low of C$22.51 and a 52-week high of C$38.00. The business’s fifty day moving average price is C$33.38 and its two-hundred day moving average price is C$31.66. The stock has a market capitalization of C$443.32 million, a PE ratio of 113.89 and a beta of 0.85.

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

Analyst Upgrades and Downgrades

TCS has been the subject of a number of recent analyst reports. TD Securities raised shares of Tecsys to a “strong-buy” rating in a research report on Thursday, July 9th. TD set a C$39.00 price target on shares of Tecsys and gave the company a “buy” rating in a report on Wednesday, July 8th. Canaccord Genuity Group upgraded shares of Tecsys to a “strong-buy” rating in a research note on Thursday, August 6th. Finally, National Bank Financial raised shares of Tecsys from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from C$40.00 to C$46.00 in a report on Wednesday, May 27th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of C$38.70.

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.