Evertz Technologies Limited (TSE:ET) Director Rakesh Thakor Patel sold 4,500 shares of the business’s stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of C$18.00, for a total value of C$81,000.00.
Rakesh Thakor Patel also recently made the following trade(s):
- On Friday, January 19th, Rakesh Thakor Patel sold 900 shares of Evertz Technologies stock. The shares were sold at an average price of C$18.00, for a total value of C$16,200.00.
Evertz Technologies Limited (TSE:ET) traded up C$0.03 during trading on Monday, hitting C$17.86. The stock had a trading volume of 13,505 shares, compared to its average volume of 39,085. Evertz Technologies Limited has a twelve month low of C$16.00 and a twelve month high of C$19.73. The stock has a market capitalization of $1,370.00, a PE ratio of 22.33 and a beta of 0.27.
The business also recently declared a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 22nd were paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 4.03%. The ex-dividend date was Thursday, December 21st. Evertz Technologies’s dividend payout ratio (DPR) is presently 90.00%.
Separately, BMO Capital Markets boosted their price objective on Evertz Technologies from C$19.00 to C$20.00 and gave the company an “outperform” rating in a research note on Friday, December 15th.
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About Evertz Technologies
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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