Constellation Software (TSE:CSU) Shares Cross Above 200 Day Moving Average - Should You Sell?

Shares of Constellation Software Inc. (TSE:CSU - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$4,256.59 and traded as high as C$4,683.70. Constellation Software shares last traded at C$4,621.89, with a volume of 18,985 shares.

Wall Street Analyst Weigh In

CSU has been the subject of a number of research reports. TD Securities lifted their price target on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a research report on Monday, November 11th. BMO Capital Markets raised their target price on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research report on Monday, November 11th. Raymond James upped their price objective on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a research note on Monday, November 11th. National Bankshares lifted their target price on Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an "outperform" rating in a report on Thursday, October 24th. Finally, CIBC increased their price objective on shares of Constellation Software from C$4,800.00 to C$5,300.00 and gave the stock an "outperform" rating in a research report on Monday, December 9th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of C$4,875.00.

Constellation Software Trading Up 0.8 %

The firm has a 50-day moving average of C$4,484.56 and a 200 day moving average of C$4,256.59. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 151.81. The stock has a market capitalization of C$98.68 billion, a price-to-earnings ratio of 109.19, a PEG ratio of 2.95 and a beta of 0.81.

Constellation Software Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, January 10th will be given a dividend of $1.353 per share. The ex-dividend date is Friday, December 20th. This represents a $5.41 dividend on an annualized basis and a dividend yield of 0.12%. Constellation Software's dividend payout ratio (DPR) is 12.95%.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.