Sylogist (TSE:SYZ) Sets New 1-Year Low – Time to Sell?

Sylogist Ltd. (TSE:SYZ) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$7.92 and last traded at C$8.12, with a volume of 4730 shares trading hands. The stock had previously closed at C$8.15.

Sylogist Price Performance

The stock has a market cap of C$190.34 million, a P/E ratio of 178.65 and a beta of 0.82. The company’s 50 day moving average price is C$9.40 and its 200-day moving average price is C$9.91. The company has a quick ratio of 0.51, a current ratio of 0.54 and a debt-to-equity ratio of 47.19.

Sylogist Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Wednesday, March 12th were given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.50%. The ex-dividend date was Friday, February 28th. Sylogist’s dividend payout ratio 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.