Tecsys (TSE:TCS) Director David Brereton Sells 400 Shares

Tecsys Inc. (TSE:TCS) Director David Brereton sold 400 shares of the firm’s stock in a transaction dated Friday, January 9th. The shares were sold at an average price of C$30.54, for a total transaction of C$12,216.00. Following the completion of the sale, the director owned 733,872 shares of the company’s stock, valued at C$22,412,450.88. This trade represents a 0.05% decrease in their ownership of the stock.

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

• On Friday, January 9th, David Brereton sold 100 shares of Tecsys stock. The stock was sold at an average price of C$30.55, for a total value of C$3,055.00.
• On Friday, December 12th, David Brereton sold 800 shares of Tecsys stock. The shares were sold at an average price of C$32.73, for a total transaction of C$26,184.00.
• On Friday, December 12th, David Brereton sold 300 shares of Tecsys stock. The stock was sold at an average price of C$32.72, for a total transaction of C$9,816.00.
• On Friday, December 12th, David Brereton sold 500 shares of Tecsys stock. The stock was sold at an average price of C$32.50, for a total transaction of C$16,250.00.

Tecsys Stock Performance

Shares of TSE:TCS traded down C$0.93 during trading on Friday, reaching C$29.55. 14,584 shares of the stock were exchanged, compared to its average volume of 23,934. The stock has a 50-day moving average price of C$33.16 and a 200-day moving average price of C$35.22. The firm has a market cap of C$435.80 million, a PE ratio of 82.08 and a beta of 0.95. Tecsys Inc. has a 12 month low of C$28.86 and a 12 month high of C$47.48. 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 quarterly earnings data on Wednesday, December 3rd. The company reported C$0.12 EPS for the quarter. The firm had revenue of C$48.64 million for the quarter. Tecsys had a return on equity of 3.78% and a net margin of 1.49%. Research analysts expect that Tecsys Inc. will post 0.4600739 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

About Tecsys

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.