Sylogist (TSE:SYZ) Hits New 1-Year High at $11.50

Sylogist Ltd. (TSE:SYZ - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as C$11.50 and last traded at C$11.47, with a volume of 8625 shares trading hands. The stock had previously closed at C$11.45.

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Analyst Ratings Changes

Several brokerages have recently weighed in on SYZ. Ventum Cap Mkts raised shares of Sylogist to a "strong-buy" rating in a research note on Tuesday, July 16th. Canaccord Genuity Group raised their target price on shares of Sylogist from C$10.00 to C$12.00 and gave the company a "buy" rating in a research report on Monday, June 17th. Cormark lifted their price target on shares of Sylogist from C$12.25 to C$14.00 in a research note on Friday, August 9th. Finally, Acumen Capital set a C$13.25 price objective on shares of Sylogist in a research note on Friday, August 9th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Sylogist presently has a consensus rating of "Buy" and a consensus price target of C$12.68.

Get Our Latest Stock Analysis on SYZ

Sylogist Price Performance

The company has a quick ratio of 0.51, a current ratio of 0.48 and a debt-to-equity ratio of 51.92. The company's fifty day moving average price is C$10.36 and its 200 day moving average price is C$9.47. The company has a market capitalization of C$269.45 million, a P/E ratio of 575.00 and a beta of 0.82.

Sylogist Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 11th. Shareholders of record on Friday, August 30th will be paid a dividend of $0.01 per share. The ex-dividend date is Friday, August 30th. This represents a $0.04 dividend on an annualized basis and a yield of 0.35%. Sylogist's dividend payout ratio (DPR) is presently 200.00%.

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About Sylogist

(Get Free Report)

Sylogist Ltd., a software company, provides mission-critical software-as-a-service solutions in Canada, the United States, and the United Kingdom. The company offers SylogistMission constituent relationship management system, which includes donor management, fundraising, volunteer management, and program delivery; and enterprise resource management, such as accounting and financial management, grant and award management, budget management, payroll and human resources, analytics and reporting, and support and training.

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