Evertz Technologies Limited (ET) Director Rakesh Thakor Patel Sells 900 Shares

Evertz Technologies Limited (TSE:ET) Director Rakesh Thakor Patel sold 900 shares of the stock in a transaction on Friday, January 19th. The shares were sold at an average price of C$18.00, for a total transaction of C$16,200.00.

Rakesh Thakor Patel also recently made the following trade(s):

  • On Tuesday, January 16th, Rakesh Thakor Patel sold 4,500 shares of Evertz Technologies stock. The stock was sold at an average price of C$18.00, for a total transaction of C$81,000.00.

Shares of Evertz Technologies Limited (TSE ET) traded up C$0.03 during trading on Monday, reaching C$17.86. 13,505 shares of the company’s stock were exchanged, compared to its average volume of 39,085. The company has a market cap of $1,370.00, a price-to-earnings ratio of 22.33 and a beta of 0.27. Evertz Technologies Limited has a 1-year low of C$16.00 and a 1-year high of C$19.73.

Evertz Technologies (TSE:ET) last announced its quarterly earnings results on Thursday, December 14th. The company reported C$0.23 earnings per share (EPS) for the quarter. Evertz Technologies had a net margin of 17.21% and a return on equity of 21.38%.

The company also recently declared a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 22nd were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 4.03%. The ex-dividend date of this dividend was Thursday, December 21st. Evertz Technologies’s dividend payout ratio (DPR) is presently 90.00%.

Separately, BMO Capital Markets raised their price target on shares of Evertz Technologies from C$19.00 to C$20.00 and gave the stock an “outperform” rating in a report on Friday, December 15th.

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Evertz Technologies 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.

Insider Buying and Selling by Quarter for Evertz Technologies (TSE:ET)

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