Evertz Technologies (TSE:ET - Get Free Report) had its target price reduced by BMO Capital Markets from C$15.00 to C$13.50 in a research note issued to investors on Thursday,BayStreet.CA reports. BMO Capital Markets' target price points to a potential upside of 19.79% from the stock's previous close.
Separately, Canaccord Genuity Group upped their price objective on shares of Evertz Technologies from C$15.25 to C$15.50 and gave the company a "buy" rating in a research note on Wednesday, December 11th.
Check Out Our Latest Stock Report on Evertz Technologies
Evertz Technologies Trading Down 0.4 %
Shares of TSE:ET traded down C$0.04 during midday trading on Thursday, hitting C$11.27. 43,110 shares of the stock traded hands, compared to its average volume of 30,968. The stock has a market capitalization of C$863.22 million, a PE ratio of 14.91, a P/E/G ratio of 0.79 and a beta of 0.86. The business's 50 day moving average is C$12.30 and its two-hundred day moving average is C$12.31. The company has a quick ratio of 0.68, a current ratio of 2.18 and a debt-to-equity ratio of 8.09. Evertz Technologies has a one year low of C$11.00 and a one year high of C$15.39.
Insider Buying and Selling
In other Evertz Technologies news, Senior Officer Douglas Moore bought 4,000 shares of the firm's stock in a transaction on Tuesday, December 17th. The stock was acquired at an average price of C$12.16 per share, with a total value of C$48,640.00. 64.40% of the stock is owned by insiders.
About Evertz Technologies
(
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Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution and distribution encoder, decoder, receiver, and processing products; and control panels, intelligent operations and controls, big data analytics, and network management systems, as well as orchestration, monitoring, and analytics solutions.
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