Topicus.com (CVE:TOI) Trading 0.8% Higher – Should You Buy?

Topicus.com Inc. (CVE:TOIGet Free Report) traded up 0.8% on Thursday . The stock traded as high as C$104.99 and last traded at C$104.00. 59,685 shares were traded during mid-day trading, a decline of 41% from the average session volume of 100,385 shares. The stock had previously closed at C$103.13.

Wall Street Analyst Weigh In

TOI has been the subject of several recent research reports. TD upped their target price on shares of Topicus.com from C$140.00 to C$145.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Royal Bank Of Canada dropped their price objective on Topicus.com from C$150.00 to C$145.00 and set an “outperform” rating for the company in a report on Thursday, August 6th. Finally, Desjardins boosted their target price on Topicus.com from C$140.00 to C$145.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of C$143.75.

Read Our Latest Stock Analysis on Topicus.com

Topicus.com Trading Up 1.4%

The firm has a market cap of C$8.81 billion, a price-to-earnings ratio of 251.14 and a beta of 0.08. The company has a 50 day moving average of C$97.29 and a 200 day moving average of C$96.80.

Topicus.com Inc is a technology company in the Application Software industry.

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