Sylogist (TSE:SYZ) Reaches New 52-Week Low – What’s Next?

Sylogist Ltd. (TSE:SYZ) shares reached a new 52-week low during trading on Friday . The stock traded as low as C$7.97 and last traded at C$8.33, with a volume of 20152 shares changing hands. The stock had previously closed at C$8.31.

Sylogist Price Performance

The company has a debt-to-equity ratio of 47.19, a current ratio of 0.54 and a quick ratio of 0.51. The company’s 50 day moving average price is C$9.47 and its 200 day moving average price is C$10.06. The firm has a market capitalization of C$191.76 million, a P/E ratio of 179.98 and a beta of 0.82.

Sylogist Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, March 12th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.04 annualized dividend and a dividend yield of 0.49%. Sylogist’s dividend payout ratio (DPR) is currently 88.77%.

Sylogist Company Profile

Sylogist Ltd., a software company, provides mission-critical software-as-a-service solutions in Canada, the United States, and the United Kingdom. The company offers SylogistMission constituent relationship management system, which includes donor management, fundraising, volunteer management, and program delivery; and enterprise resource management, such as accounting and financial management, grant and award management, budget management, payroll and human resources, analytics and reporting, and support and training.