Tecsys (TSE:TCS) Director Sells C$18,342.00 in Stock

Tecsys Inc. (TSE:TCS) Director David Brereton sold 600 shares of Tecsys stock in a transaction dated Friday, August 28th. The shares were sold at an average price of C$30.57, for a total value of C$18,342.00. Following the completion of the sale, the director directly owned 710,572 shares in the company, valued at approximately C$21,722,186.04. This represents a 0.08% decrease in their position.

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

• On Friday, August 21st, David Brereton sold 500 shares of Tecsys stock. The shares were sold at an average price of C$30.57, for a total value of C$15,285.00.
• 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 value of C$12,172.00.
• On Friday, August 21st, David Brereton sold 300 shares of Tecsys stock. The stock was sold at an average price of C$30.41, for a total value 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 value 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 value 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.

Tecsys Stock Performance

Shares of TCS traded down C$0.41 during midday trading on Friday, reaching C$30.48. The stock had a trading volume of 1,402 shares, compared to its average volume of 18,185. The firm has a market cap of C$439.43 million, a PE ratio of 112.89 and a beta of 0.85. The firm has a 50 day simple moving average of C$32.96 and a 200-day simple moving average of C$31.83. Tecsys Inc. has a one year low of C$22.51 and a one year high of C$38.00. The company has a current ratio of 1.12, a quick ratio of 1.40 and a debt-to-equity ratio of 8.49.

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

Wall Street Analyst Weigh In

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