Sylogist (TSE:SYZ) Director Andrew Anthony Shen Purchases 3,500 Shares

Sylogist Ltd. (TSE:SYZ) Director Andrew Anthony Shen bought 3,500 shares of Sylogist stock in a transaction dated Monday, June 15th. The stock was purchased at an average price of C$3.66 per share, with a total value of C$12,810.00. Following the purchase, the director owned 227,600 shares in the company, valued at approximately C$833,016. This represents a 1.56% increase in their ownership of the stock.

Sylogist Stock Performance

SYZ stock opened at C$3.73 on Wednesday. The company has a quick ratio of 0.51, a current ratio of 0.76 and a debt-to-equity ratio of 70.73. The firm has a market cap of C$86.89 million, a PE ratio of -11.66 and a beta of 0.39. The business has a 50 day moving average of C$3.62 and a 200-day moving average of C$4.30. Sylogist Ltd. has a 12-month low of C$3.03 and a 12-month high of C$9.89.

Sylogist (TSE:SYZ) last released its earnings results on Tuesday, May 12th. The company reported C($0.16) earnings per share for the quarter. Sylogist had a negative net margin of 12.41% and a negative return on equity of 24.29%. The company had revenue of C$14.74 million during the quarter. As a group, sell-side analysts expect that Sylogist Ltd. will post 0.2447905 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Ventum Financial downgraded Sylogist from a “buy” rating to a “hold” rating and lowered their price objective for the stock from C$7.00 to C$4.75 in a research report on Friday, March 20th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of C$4.75.

Sylogist Company Profile

Sylogist provides mission-critical SaaS solutions to over 2,000 public sector customers across the government, nonprofit, and education market segments. The Company’s stock is traded on the Toronto Stock Exchange under the symbol SYZ. Information about Sylogist, inclusive of full financial statements together with Management’s Discussion and Analysis, can be found at sedarplus.ca or at sylogist.com.