TECSYS (TSE:TCS) Price Target Raised to C$22.25

TECSYS (TSE:TCS) had its price objective boosted by Haywood Securities from C$18.00 to C$22.25 in a research note issued to investors on Friday morning, BayStreet.CA reports.

Separately, Laurentian boosted their price objective on TECSYS from C$19.00 to C$23.00 in a research note on Friday.

Shares of TCS traded up C$0.31 during mid-day trading on Friday, hitting C$18.97. The stock had a trading volume of 10,500 shares, compared to its average volume of 6,316. The firm has a market cap of $248.17 million and a P/E ratio of -243.21. The business has a fifty day moving average price of C$16.03 and a 200-day moving average price of C$14.51. The company has a debt-to-equity ratio of 57.73, a current ratio of 1.18 and a quick ratio of 1.04. TECSYS has a 52 week low of C$10.30 and a 52 week high of C$19.17.

TECSYS (TSE:TCS) last posted its quarterly earnings results on Thursday, September 5th. The company reported C$0.01 earnings per share for the quarter, topping the consensus estimate of C($0.02) by C$0.03. The firm had revenue of C$24.25 million for the quarter, compared to the consensus estimate of C$23.74 million. As a group, research analysts expect that TECSYS will post 0.3196559 earnings per share for the current fiscal year.

About TECSYS

TECSYS Inc engages in the development, marketing, and sale of supply chain management software for distribution, warehousing, transportation logistics, and point-of-use in Canada, the United States, and internationally. The company offers warehouse management, distribution management, transportation management, and supply management at point-of-use, as well as financial management and analytics solutions; ITopia, a Healthcare Logistics Platform.

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