Insider Buying: Tecsys (TSE:TCS) Insider Purchases C$1,349,450.00 in Stock

Tecsys Inc. (TSE:TCS) insider Briarwood Capital Partners Lp bought 39,400 shares of Tecsys stock in a transaction dated Thursday, November 13th. The stock was acquired at an average price of C$34.25 per share, with a total value of C$1,349,450.00. Following the purchase, the insider directly owned 1,702,565 shares of the company’s stock, valued at approximately C$58,312,851.25. This represents a 2.37% increase in their ownership of the stock.

Tecsys Price Performance

Shares of TCS stock traded down C$1.00 during trading hours on Friday, reaching C$32.00. The stock had a trading volume of 44,724 shares, compared to its average volume of 19,052. The stock’s fifty day simple moving average is C$34.49 and its 200 day simple moving average is C$36.63. The company has a current ratio of 1.31, a quick ratio of 1.40 and a debt-to-equity ratio of 2.64. The firm has a market capitalization of C$471.94 million, a PE ratio of 88.89 and a beta of 1.00. Tecsys Inc. has a 12 month low of C$31.90 and a 12 month high of C$47.51.

Tecsys (TSE:TCS) last announced its quarterly earnings results on Wednesday, December 3rd. The company reported C$0.12 EPS for the quarter. The firm had revenue of C$48.64 million during the quarter. Tecsys had a net margin of 1.49% and a return on equity of 3.78%. On average, equities research analysts predict that Tecsys Inc. will post 0.4600739 EPS for the current year.

Tecsys Company Profile

Tecsys Inc is engaged in the development and sale of enterprise supply chain management software for distribution, warehousing, transportation logistics, point-of-use and order management. It also provides related consulting, education and support services. The company serves healthcare systems, services parts, third-party logistics, retail and general wholesale distribution industries.