Tecsys (TSE:TCS) Director David Brereton Sells 1,000 Shares

Tecsys Inc. (TSE:TCS – Get Free Report) Director David Brereton sold 1,000 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of C$36.47, for a total value of C$36,470.00. Following the completion of the transaction, the director directly owned 719,272 shares of the company’s stock, valued at approximately C$26,231,849.84. The trade was a 0.14% decrease in their ownership of the stock.

David Brereton also recently made the following trade(s):

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• On Friday, June 12th, David Brereton sold 700 shares of Tecsys stock. The shares were sold at an average price of C$36.48, for a total transaction of C$25,536.00.
• On Friday, June 5th, David Brereton sold 200 shares of Tecsys stock. The shares were sold at an average price of C$35.50, for a total transaction of C$7,100.00.
• On Friday, June 5th, David Brereton sold 300 shares of Tecsys stock. The stock was sold at an average price of C$35.67, for a total value of C$10,701.00.
• On Friday, June 5th, David Brereton sold 100 shares of Tecsys stock. The stock was sold at an average price of C$36.12, for a total value of C$3,612.00.

Tecsys Stock Performance

TCS stock traded down C$0.40 during trading on Monday, reaching C$36.84. The company had a trading volume of 5,305 shares, compared to its average volume of 23,369. Tecsys Inc. has a twelve month low of C$22.51 and a twelve month high of C$41.23. The firm has a 50-day simple moving average of C$34.65 and a 200-day simple moving average of C$30.81. The company has a debt-to-equity ratio of 7.68, a quick ratio of 1.40 and a current ratio of 1.19. The company has a market cap of C$539.34 million, a price-to-earnings ratio of 92.10 and a beta of 0.81.

Analyst Ratings Changes

Several research firms recently issued reports on TCS. Canadian Imperial Bank of Commerce decreased their target price on shares of Tecsys from C$50.00 to C$40.00 in a research note on Thursday, March 5th. ATB Cormark Capital Markets upgraded shares of Tecsys from a “hold” rating to a “moderate buy” rating and set a C$40.00 price objective for the company in a research report on Friday, March 6th. Finally, National Bank Financial upgraded Tecsys from a “sector perform” rating to an “outperform” rating and raised their target price for the company from C$40.00 to C$46.00 in a research report on Wednesday, May 27th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$40.30.

Check Out Our Latest Stock Analysis on TCS

Tecsys Company Profile

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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. Geographically, it derives a majority of revenue from the United States and also has a presence in Canada and Other Countries.

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