Information Services (TSE:ISV) Stock Passes Above Fifty Day Moving Average of $15.42

Information Services Corp (TSE:ISV) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $15.42 and traded as high as $16.57. Information Services shares last traded at $16.43, with a volume of 14,930 shares traded.

A number of analysts have commented on the stock. Royal Bank of Canada set a C$17.00 price target on shares of Information Services and gave the company a “sector perform” rating in a research note on Thursday, January 16th. CIBC increased their price target on shares of Information Services from C$18.00 to C$18.50 in a research note on Tuesday, October 29th.

The stock has a market cap of $291.38 million and a price-to-earnings ratio of 18.97. The company has a quick ratio of 1.39, a current ratio of 1.54 and a debt-to-equity ratio of 26.62. The business’s 50 day simple moving average is C$15.48 and its 200 day simple moving average is C$15.85.

Information Services Company Profile (TSE:ISV)

Information Services Corporation, together with its subsidiaries, provides registry and information management services for public data and records in Canada and internationally. It operates through three segments: Registries, Services, and Technology Solutions. The company provides land titles registry services that issues titles to land and registers transactions affecting titles, including changes of ownership and the registration of interests in land; land surveys directory that plans and creates a representation of Saskatchewan land parcels in the cadastral parcel mapping system; and geomatics services that manages geographic data in relation to the cadastral parcel mapping system.

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