Nexj Systems Inc (TSE:NXJ) had its price target cut by equities research analysts at Raymond James Financial, Inc. from C$4.50 to C$4.00 in a note issued to investors on Friday. The firm presently has a “market perform” rating on the stock. Raymond James Financial, Inc.’s target price suggests a potential upside of 5.26% from the company’s previous close.

Shares of Nexj Systems (TSE:NXJ) traded down 8.68% during midday trading on Friday, hitting $3.47. 11,015 shares of the stock were exchanged. The company has a market cap of $73.16 million and a PE ratio of 26.09. The stock has a 50 day moving average price of $3.77 and a 200-day moving average price of $4.00. Nexj Systems has a 12 month low of $1.71 and a 12 month high of $4.90.

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Nexj Systems Company Profile

NexJ Systems Inc is a provider of cloud-based software solutions. The Company develops, markets and sells software solutions for financial services firms and healthcare industry. The Company provides a range of services, including data governance and management, data integration and quality, business intelligence and in-memory analytics.

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