Tecsys (TSE:TCS) Sets New 12-Month Low – Should You Sell?

Tecsys Inc. (TSE:TCS)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as C$28.99 and last traded at C$28.86, with a volume of 13650 shares trading hands. The stock had previously closed at C$30.23.

Analysts Set New Price Targets

Separately, National Bankshares set a C$38.00 price target on Tecsys and gave the company a “sector perform” rating in a report on Thursday, December 18th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$45.00.

Tecsys Price Performance

The company has a market cap of C$435.80 million, a P/E ratio of 82.08 and a beta of 0.95. The company’s 50-day moving average price is C$33.16 and its two-hundred day moving average price is C$35.22. The company has a current ratio of 1.31, a quick ratio of 1.40 and a debt-to-equity ratio of 2.64.

Tecsys (TSE:TCS) last issued its earnings results on Wednesday, December 3rd. The company reported C$0.12 EPS for the quarter. Tecsys had a return on equity of 3.78% and a net margin of 1.49%.The company had revenue of C$48.64 million during the quarter. As a group, sell-side analysts expect that Tecsys Inc. will post 0.4600739 earnings per share for the current year.

Insider Activity at Tecsys

In other news, insider Briarwood Capital Partners Lp acquired 39,400 shares of the business’s stock in a transaction that occurred on Thursday, November 13th. The shares were purchased at an average cost of C$34.25 per share, for a total transaction of C$1,349,450.00. Following the transaction, the insider directly owned 1,702,565 shares in the company, valued at C$58,312,851.25. This trade represents a 2.37% increase in their position. Also, Director David Brereton sold 800 shares of Tecsys stock in a transaction dated Friday, December 12th. The shares were sold at an average price of C$32.73, for a total transaction of C$26,184.00. Following the completion of the sale, the director owned 737,772 shares in the company, valued at approximately C$24,147,277.56. This represents a 0.11% decrease in their ownership of the stock. In the last three months, insiders sold 1,600 shares of company stock worth $52,250. Company insiders own 17.05% of the company’s stock.

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. Geographically, it derives a majority of revenue from the United States and also has a presence in Canada and Other Countries.