Tecsys (TSE:TCS) Reaches New 1-Year Low After Insider Selling

Shares of Tecsys Inc. (TSE:TCS) reached a new 52-week low on Tuesday after an insider sold shares in the company. The company traded as low as C$31.49 and last traded at C$32.00, with a volume of 3962 shares trading hands. The stock had previously closed at C$31.80.

Specifically, Director David Brereton sold 800 shares of Tecsys stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of C$32.73, for a total value of C$26,184.00. Following the sale, the director owned 737,772 shares of the company’s stock, valued at C$24,147,277.56. The trade was a 0.11% decrease in their position.

Tecsys Stock Down 0.5%

The company has a current ratio of 1.31, a quick ratio of 1.40 and a debt-to-equity ratio of 2.64. The stock has a market capitalization of C$469.13 million, a P/E ratio of 88.36 and a beta of 1.00. The business has a 50-day moving average price of C$34.26 and a 200 day moving average price of C$36.35.

Tecsys (TSE:TCS) last announced its quarterly earnings results on Wednesday, December 3rd. The company reported C$0.12 earnings per share for the quarter. Tecsys had a net margin of 1.49% and a return on equity of 3.78%. The company had revenue of C$48.64 million for the quarter. On average, equities analysts expect that Tecsys Inc. will post 0.4600739 EPS for the current fiscal year.

Tecsys Company Profile

Tecsys Inc is engaged in the development and sale of enterprise supply chain management software for distribution, warehousing, transportation logistics, point-of-use and order management. It also provides related consulting, education and support services. The company serves healthcare systems, services parts, third-party logistics, retail and general wholesale distribution industries.