Insider Selling: Tecsys Inc. (TSE:TCS) Director Sells 900 Shares of Stock

Tecsys Inc. (TSE:TCS) Director David Brereton sold 900 shares of the company’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of C$45.00, for a total value of C$40,500.00.

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

• On Friday, December 6th, David Brereton sold 1,500 shares of Tecsys stock. The stock was sold at an average price of C$43.96, for a total value of C$65,940.00.

Tecsys Price Performance

Shares of TCS stock traded up C$0.02 on Monday, reaching C$47.01. 3,535 shares of the company were exchanged, compared to its average volume of 8,877. The business has a 50-day moving average price of C$42.52 and a 200 day moving average price of C$40.15. The company has a debt-to-equity ratio of 2.87, a quick ratio of 1.40 and a current ratio of 1.38. The company has a market cap of C$695.28 million, a price-to-earnings ratio of 469.90 and a beta of 0.65. Tecsys Inc. has a 1 year low of C$29.20 and a 1 year high of C$47.51.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Ventum Financial raised their price target on shares of Tecsys from C$45.00 to C$52.00 in a research report on Friday, December 6th. Cormark cut Tecsys from a “moderate buy” rating to a “hold” rating in a report on Monday, September 9th.

About Tecsys

Tecsys Inc engages in the development, marketing, and sale of enterprise-wide supply chain management software and related services in Canada, the United States, Europe, and internationally. The company offers warehouse management, distribution and transportation management, supply management at point-of-use and order management and fulfillment, as well as financial management and analytics solutions.