Mediagrif Interactive Technologies Inc (TSE:MDF) Director Gilles Laporte Acquires 5,000 Shares

Mediagrif Interactive Technologies Inc (TSE:MDF) Director Gilles Laporte purchased 5,000 shares of the company’s stock in a transaction that occurred on Monday, August 12th. The shares were purchased at an average price of C$5.56 per share, for a total transaction of C$27,800.00. Following the transaction, the director now owns 56,000 shares of the company’s stock, valued at approximately C$311,360.

Shares of TSE MDF traded down C$0.08 during trading on Thursday, hitting C$5.42. The company had a trading volume of 950 shares, compared to its average volume of 9,422. The firm’s fifty day simple moving average is C$6.87. Mediagrif Interactive Technologies Inc has a fifty-two week low of C$5.35 and a fifty-two week high of C$12.00. The firm has a market capitalization of $100.23 million and a price-to-earnings ratio of -3.18. The company has a quick ratio of 0.78, a current ratio of 1.75 and a debt-to-equity ratio of 24.76.

Mediagrif Interactive Technologies (TSE:MDF) last announced its earnings results on Tuesday, June 11th. The company reported C$0.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.18 by C($0.12). The firm had revenue of C$20.81 million for the quarter, compared to analyst estimates of C$20.76 million. Sell-side analysts predict that Mediagrif Interactive Technologies Inc will post 0.59 EPS for the current year.



MDF has been the topic of several analyst reports. Laurentian dropped their price target on shares of Mediagrif Interactive Technologies from C$10.00 to C$8.50 in a research report on Wednesday, August 7th. National Bank Financial dropped their target price on shares of Mediagrif Interactive Technologies from C$12.00 to C$8.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 7th.

About Mediagrif Interactive Technologies

Mediagrif Interactive Technologies Inc, through its subsidiaries, provides e-commerce solutions to private sector businesses, public sector organizations, and consumers in Canada, the United States, Asia, Europe, and internationally. Its e-business networks and solutions allow buyers and sellers to find, purchase, and sell products and services; help contractors and vendors access information on business opportunities from the government and private sectors; and offer professionals with automated and integrated business solutions to streamline the supply chain.

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