Evertz Technologies (OTCMKTS:EVTZF) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Evertz Technologies Limited (OTCMKTS:EVTZF)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $9.40 and traded as high as $9.91. Evertz Technologies shares last traded at $9.91, with a volume of 400 shares changing hands.

Analyst Ratings Changes

Several research firms have issued reports on EVTZF. BMO Capital Markets restated an “outperform” rating on shares of Evertz Technologies in a research note on Thursday, December 11th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Evertz Technologies in a report on Thursday, December 11th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Evertz Technologies currently has a consensus rating of “Moderate Buy”.

Evertz Technologies Trading Up 0.3%

The business has a fifty day moving average price of $9.40 and a 200-day moving average price of $9.07.

About Evertz Technologies

Evertz Technologies is a Canadian-based technology company specializing in the design, manufacture and distribution of hardware and software solutions for the media and entertainment industry. Headquartered in Burlington, Ontario, the company develops end-to-end systems for video production, signal processing, content distribution and network management. Evertz serves a diverse range of customers including broadcasters, cable and satellite operators, streaming services and live event producers.

The company’s product portfolio encompasses video routers, encoders and decoders, multiviewers, telemetry and monitoring systems, as well as software-defined infrastructure for IP-based media workflows.