David Brereton Sells 1,700 Shares of Tecsys (TSE:TCS) Stock

Tecsys Inc. (TSE:TCS) Director David Brereton sold 1,700 shares of Tecsys stock in a transaction on Friday, July 17th. The shares were sold at an average price of C$33.00, for a total value of C$56,100.00. Following the completion of the transaction, the director owned 714,572 shares of the company’s stock, valued at approximately C$23,580,876. The trade was a 0.24% decrease in their position.

David Brereton also recently made the following trade(s):

• On Friday, July 10th, David Brereton sold 200 shares of Tecsys stock. The shares were sold at an average price of C$34.00, for a total transaction of C$6,800.00.
• On Friday, July 3rd, David Brereton sold 500 shares of Tecsys stock. The shares were sold at an average price of C$31.00, for a total transaction of C$15,500.00.
• On Friday, June 12th, David Brereton sold 1,000 shares of Tecsys stock. The stock was sold at an average price of C$36.47, for a total transaction of C$36,470.00.
• On Friday, June 12th, David Brereton sold 700 shares of Tecsys stock. The shares were sold at an average price of C$36.48, for a total transaction of C$25,536.00.
• On Friday, June 5th, David Brereton sold 200 shares of Tecsys stock. The shares were sold at an average price of C$35.50, for a total value of C$7,100.00.
• On Friday, June 5th, David Brereton sold 300 shares of Tecsys stock. The stock was sold at an average price of C$35.67, for a total value of C$10,701.00.
• On Friday, June 5th, David Brereton sold 100 shares of Tecsys stock. The stock was sold at an average price of C$36.12, for a total value of C$3,612.00.

Tecsys Trading Up 2.9%

Shares of Tecsys stock traded up C$0.97 during trading on Tuesday, reaching C$34.87. 36,642 shares of the company were exchanged, compared to its average volume of 20,837. The business has a 50-day moving average price of C$34.93 and a 200-day moving average price of C$30.98. The firm has a market capitalization of C$503.31 million, a price-to-earnings ratio of 129.15 and a beta of 0.84. The company has a quick ratio of 1.40, a current ratio of 1.12 and a debt-to-equity ratio of 8.49. Tecsys Inc. has a twelve month low of C$22.51 and a twelve month high of C$39.51.

Tecsys (TSE:TCS) last released its earnings results on Monday, June 29th. The company reported C($0.02) earnings per share for the quarter. Tecsys had a net margin of 2.09% and a return on equity of 5.99%. The company had revenue of C$50.05 million during the quarter. Sell-side analysts anticipate that Tecsys Inc. will post 0.4600739 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently weighed in on TCS shares. National Bank Financial upgraded shares of Tecsys from a “sector perform” rating to an “outperform” rating and increased their price target for the company from C$40.00 to C$46.00 in a research report on Wednesday, May 27th. TD Securities upgraded shares of Tecsys to a “strong-buy” rating in a report on Thursday, July 9th. Finally, TD set a C$39.00 target price on shares of Tecsys and gave the company a “buy” rating in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Tecsys presently has a consensus rating of “Buy” and a consensus target price of C$38.70.

Tecsys Company Profile

Tecsys is trusted by mission-critical organizations in healthcare and distribution to build resilient, efficient and secure supply chains. A global provider of cloud-based, AI-driven software with deep domain expertise, Tecsys delivers real-time operational visibility and execution across critical workflows when performance and reliability matter most. Tecsys is publicly traded on the Toronto Stock Exchange (TCS). For more information, visit www.tecsys.com.