Tecsys (TSE:TCS) Stock Price Expected to Rise, Raymond James Analyst Says

Tecsys (TSE:TCS - Free Report) had its price objective increased by Raymond James from C$45.00 to C$50.00 in a research report released on Thursday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Separately, Ventum Financial upped their price target on Tecsys from C$45.00 to C$52.00 in a research report on Friday, December 6th.

Tecsys Stock Performance

Tecsys stock traded up C$0.29 during midday trading on Thursday, reaching C$39.38. The stock had a trading volume of 47,773 shares, compared to its average volume of 11,770. Tecsys has a 12 month low of C$32.00 and a 12 month high of C$47.51. The firm's 50-day moving average price is C$44.90 and its 200 day moving average price is C$43.37. The firm has a market capitalization of C$580.62 million, a PE ratio of 226.21 and a beta of 0.65. The company has a quick ratio of 1.40, a current ratio of 1.31 and a debt-to-equity ratio of 2.64.

Insider Activity

In other news, Director David Brereton sold 900 shares of the company's stock in a transaction dated Friday, December 13th. The stock was sold at an average price of C$45.00, for a total transaction of C$40,500.00. Company insiders own 17.05% of the company's stock.

Tecsys Company Profile

Tecsys Inc engages in the development, marketing, and sale of enterprise-wide supply chain management software and related services in Canada, the United States, Europe, and internationally. The company offers warehouse management, distribution and transportation management, supply management at point-of-use and order management and fulfillment, as well as financial management and analytics solutions.