Evertz Technologies Limited (TSE:ET - Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$10.26 and last traded at C$10.29, with a volume of 40984 shares traded. The stock had previously closed at C$10.44.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on the company. Raymond James reduced their price target on Evertz Technologies from C$16.00 to C$14.00 and set an "outperform" rating for the company in a report on Thursday, March 6th. Canaccord Genuity Group lifted their target price on Evertz Technologies from C$15.25 to C$15.50 and gave the stock a "buy" rating in a research note on Wednesday, December 11th. Finally, BMO Capital Markets cut their price target on Evertz Technologies from C$15.00 to C$13.50 in a report on Thursday, March 6th.
Check Out Our Latest Analysis on ET
Evertz Technologies Stock Performance
The company has a quick ratio of 0.68, a current ratio of 2.18 and a debt-to-equity ratio of 8.09. The stock has a 50 day moving average price of C$11.55 and a two-hundred day moving average price of C$12.01. The company has a market cap of C$749.86 million, a P/E ratio of 12.96, a price-to-earnings-growth ratio of 0.79 and a beta of 0.86.
Evertz Technologies Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 20th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 8.17%. The ex-dividend date of this dividend was Thursday, March 13th. Evertz Technologies's dividend payout ratio (DPR) is 103.22%.
Evertz Technologies Company Profile
(
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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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