Information Services (TSE:ISV) Shares Pass Above Fifty Day Moving Average of $15.42

Information Services Corp (TSE:ISV) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $15.42 and traded as high as $16.57. Information Services shares last traded at $16.43, with a volume of 14,930 shares.

ISV has been the subject of a number of recent research reports. Royal Bank of Canada set a C$17.00 price target on shares of Information Services and gave the stock a “sector perform” rating in a research note on Thursday, January 16th. CIBC boosted their price target on shares of Information Services from C$18.00 to C$18.50 in a research note on Tuesday, October 29th.

The company has a debt-to-equity ratio of 26.62, a current ratio of 1.54 and a quick ratio of 1.39. The firm has a market capitalization of $291.38 million and a P/E ratio of 18.97. The stock’s 50 day moving average is C$15.48 and its two-hundred day moving average is C$15.85.

About Information Services (TSE:ISV)

Information Services Corporation, together with its subsidiaries, provides registry and information management services for public data and records in Canada and internationally. It operates through three segments: Registries, Services, and Technology Solutions. The company provides land titles registry services that issues titles to land and registers transactions affecting titles, including changes of ownership and the registration of interests in land; land surveys directory that plans and creates a representation of Saskatchewan land parcels in the cadastral parcel mapping system; and geomatics services that manages geographic data in relation to the cadastral parcel mapping system.

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