Evertz Technologies Limited (TSE:ET – Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$12.04 and traded as high as C$13.02. Evertz Technologies shares last traded at C$13.02, with a volume of 20,905 shares.
Analyst Ratings Changes
Separately, Royal Bank Of Canada set a C$12.00 price objective on shares of Evertz Technologies and gave the stock a “hold” rating in a report on Friday, September 19th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Evertz Technologies has an average rating of “Moderate Buy” and a consensus price target of C$13.75.
View Our Latest Research Report on Evertz Technologies
Evertz Technologies Stock Up 1.8%
Evertz Technologies Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 25th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date was Thursday, September 18th. Evertz Technologies’s dividend payout ratio is currently 100.63%.
Evertz Technologies Company Profile
Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments.
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