Evertz Technologies Limited (ET) To Go Ex-Dividend on March 13th

Evertz Technologies Limited (TSE:ET) announced a quarterly dividend on Thursday, March 13th, TickerTech Dividends reports. Investors of record on Thursday, March 20th will be given a dividend of 0.20 per share on Thursday, March 20th. This represents a $0.80 dividend on an annualized basis and a yield of 7.10%. The ex-dividend date is Thursday, March 13th.

Evertz Technologies Trading Down 0.4 %

Shares of ET stock opened at C$11.27 on Tuesday. The company has a quick ratio of 0.68, a current ratio of 2.18 and a debt-to-equity ratio of 8.09. The firm has a market cap of C$863.22 million, a P/E ratio of 14.91, a PEG ratio of 0.79 and a beta of 0.86. The company has a 50 day moving average of C$12.30 and a 200-day moving average of C$12.31. Evertz Technologies has a 12-month low of C$11.00 and a 12-month high of C$15.39.

Insider Activity at Evertz Technologies

In other news, Senior Officer Douglas Moore acquired 4,000 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was bought at an average cost of C$12.16 per share, for a total transaction of C$48,640.00. 64.40% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms have issued reports on ET. BMO Capital Markets decreased their target price on Evertz Technologies from C$15.00 to C$13.50 in a research report on Thursday, March 6th. Raymond James decreased their price objective on Evertz Technologies from C$16.00 to C$14.00 and set an “outperform” rating for the company in a report on Thursday, March 6th. Finally, Canaccord Genuity Group upped their price objective on shares of Evertz Technologies from C$15.25 to C$15.50 and gave the company a “buy” rating in a report on Wednesday, December 11th.

About Evertz Technologies

Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution and distribution encoder, decoder, receiver, and processing products; and control panels, intelligent operations and controls, big data analytics, and network management systems, as well as orchestration, monitoring, and analytics solutions.