Sylogist (TSE:SYZ) Director Andrew Anthony Shen Buys 689,175 Shares of Stock

Sylogist Ltd. (TSE:SYZGet Free Report) Director Andrew Anthony Shen acquired 689,175 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were purchased at an average cost of C$3.70 per share, with a total value of C$2,549,947.50. Following the acquisition, the director owned 916,875 shares of the company’s stock, valued at approximately C$3,392,437.50. This represents a 302.67% increase in their position.

Andrew Anthony Shen also recently made the following trade(s):

  • On Wednesday, June 17th, Andrew Anthony Shen bought 100 shares of Sylogist stock. The stock was acquired at an average cost of C$3.70 per share, for a total transaction of C$370.00.
  • On Monday, June 15th, Andrew Anthony Shen bought 3,500 shares of Sylogist stock. The stock was acquired at an average cost of C$3.66 per share, for a total transaction of C$12,810.00.

Sylogist Price Performance

TSE SYZ traded down C$0.10 during trading hours on Thursday, reaching C$3.63. 690,470 shares of the company’s stock were exchanged, compared to its average volume of 99,956. The stock has a market cap of C$84.56 million, a PE ratio of -11.34 and a beta of 0.39. Sylogist Ltd. has a one year low of C$3.03 and a one year high of C$9.89. The firm has a fifty day moving average of C$3.64 and a 200-day moving average of C$4.29. The company has a current ratio of 0.76, a quick ratio of 0.51 and a debt-to-equity ratio of 70.73.

Sylogist (TSE:SYZGet Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The company reported C($0.16) earnings per share (EPS) for the quarter. The business had revenue of C$14.74 million during the quarter. Sylogist had a negative net margin of 12.41% and a negative return on equity of 24.29%. On average, equities research analysts predict that Sylogist Ltd. will post 0.2447905 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Ventum Financial cut Sylogist from a “buy” rating to a “hold” rating and cut their price target for the company from C$7.00 to C$4.75 in a report on Friday, March 20th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of C$4.75.

Get Our Latest Stock Analysis on Sylogist

About Sylogist

(Get Free Report)

Sylogist provides mission-critical SaaS solutions to over 2,000 public sector customers across the government, nonprofit, and education market segments. The Company’s stock is traded on the Toronto Stock Exchange under the symbol SYZ. Information about Sylogist, inclusive of full financial statements together with Management’s Discussion and Analysis, can be found at sedarplus.ca or at sylogist.com.

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