Evertz Technologies Limited (TSE:ET) Director Sells C$1,549,454.40 in Stock
Evertz Technologies Limited (TSE:ET) Director Rakesh Thakor Patel sold 87,048 shares of the business’s stock in a transaction that occurred on Friday, July 7th. The shares were sold at an average price of C$17.80, for a total value of C$1,549,454.40.
Rakesh Thakor Patel also recently made the following trade(s):
- On Wednesday, July 5th, Rakesh Thakor Patel sold 3,050 shares of Evertz Technologies Limited stock. The shares were sold at an average price of C$17.86, for a total value of C$54,473.00.
- On Thursday, July 6th, Rakesh Thakor Patel sold 6,224 shares of Evertz Technologies Limited stock. The shares were sold at an average price of C$17.86, for a total value of C$111,160.64.
- On Monday, July 10th, Rakesh Thakor Patel sold 1,556 shares of Evertz Technologies Limited stock. The shares were sold at an average price of C$17.86, for a total value of C$27,790.16.
Shares of Evertz Technologies Limited (ET) traded up 0.67% during midday trading on Tuesday, reaching $18.07. The company had a trading volume of 23,984 shares. The company’s 50 day moving average price is $17.18 and its 200-day moving average price is $16.85. Evertz Technologies Limited has a 52 week low of $15.72 and a 52 week high of $18.40. The company has a market capitalization of $1.37 billion and a P/E ratio of 19.64.
The business also recently declared a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Friday, June 30th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Wednesday, June 21st. This represents a $0.72 annualized dividend and a yield of 3.98%.
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Separately, Royal Bank Of Canada increased their price target on Evertz Technologies Limited from C$21.00 to C$22.00 and gave the company an “outperform” rating in a report on Wednesday, June 14th.
Evertz Technologies Limited Company Profile
Evertz Technologies Limited is an equipment provider to the television broadcast telecommunications and media industries. The Company designs, manufactures and markets video and audio infrastructure equipment for the production, post-production and transmission of television content. The Company’s solutions are purchased by content creators, broadcasters, specialty channels and television service providers to support their multi-channel digital and high definition television (HDTV) and high bandwidth low latency Internet Protocol (IP) network environments, and by telecommunications and new-media companies.
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