Evertz Technologies Limited (TSE:ET - Get Free Report) Senior Officer Douglas Moore bought 5,000 shares of the business's stock in a transaction that occurred on Friday, April 4th. The stock was acquired at an average cost of C$9.73 per share, with a total value of C$48,652.00.
Evertz Technologies Trading Up 2.5 %
Shares of ET traded up C$0.25 during midday trading on Friday, hitting C$10.38. The stock had a trading volume of 16,565 shares, compared to its average volume of 31,760. The firm has a market cap of C$795.05 million, a PE ratio of 13.74, a price-to-earnings-growth ratio of 0.79 and a beta of 0.86. Evertz Technologies Limited has a 1 year low of C$9.45 and a 1 year high of C$15.39. The stock's 50 day moving average is C$11.13 and its 200 day moving average is C$11.92. The company has a debt-to-equity ratio of 8.09, a current ratio of 2.18 and a quick ratio of 0.68.
Evertz Technologies Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 20th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.80 annualized dividend and a dividend yield of 7.71%. Evertz Technologies's dividend payout ratio (DPR) is 103.22%.
Analysts Set New Price Targets
A number of brokerages recently commented on ET. Raymond James lowered their price target on shares of 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. BMO Capital Markets lowered their price objective on Evertz Technologies from C$15.00 to C$13.50 in a research note on Thursday, March 6th.
View Our Latest Research Report on ET
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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