Topicus.com (CVE:TOI) Shares Up 0.8% – What’s Next?

Shares of Topicus.com Inc. (CVE:TOI) shot up 0.8% on Thursday . The stock traded as high as C$104.99 and last traded at C$104.00. Approximately 59,685 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 100,385 shares. The stock had previously closed at C$103.13.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. TD upped their price target on Topicus.com from C$140.00 to C$145.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Desjardins increased their price target on Topicus.com from C$140.00 to C$145.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Finally, Royal Bank Of Canada lowered their price objective on shares of Topicus.com from C$150.00 to C$145.00 and set an “outperform” rating on the stock in a research report on Thursday, August 6th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$143.75.

Topicus.com Stock Up 0.8%

The stock has a market capitalization of C$8.69 billion, a PE ratio of 247.62 and a beta of 0.08. The firm’s fifty day moving average is C$97.15 and its 200-day moving average is C$96.74.

Topicus.com Inc is a technology company in the Application Software industry.