Information Services (TSE:ISV) Share Price Crosses Below Two Hundred Day Moving Average of $27.70

Information Services Co. (TSE:ISV)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$27.70 and traded as low as C$27.15. Information Services shares last traded at C$27.20, with a volume of 2,800 shares.

A number of analysts recently issued reports on ISV shares. Raymond James raised their price objective on Information Services from C$31.00 to C$37.00 and gave the stock an “outperform” rating in a research report on Friday, August 6th. Royal Bank of Canada raised their target price on Information Services from C$27.00 to C$32.00 and gave the company a “sector perform” rating in a report on Friday, August 6th. Finally, CIBC raised their target price on Information Services from C$33.00 to C$35.50 in a report on Friday, August 6th.

The firm has a 50 day moving average price of C$29.36 and a 200-day moving average price of C$27.70. The company has a current ratio of 2.07, a quick ratio of 1.98 and a debt-to-equity ratio of 62.92. The firm has a market cap of C$476 million and a PE ratio of 19.60.

About Information Services (TSE:ISV)

Information Services Corporation, together with its subsidiaries, provides registry and information management services for public data and records in Canada and internationally. It operates through three segments: Registry Operations, Services, and Technology Solutions. The company provides land titles registry services that issues titles to land and registers transactions affecting titles; land surveys services, which registers land survey plans and creates a representation of Saskatchewan land parcels in the cadastral parcel mapping system; and geomatics services that manages geographic data in relation to the cadastral parcel mapping system.

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