Evertz Technologies Limited (TSE:ET) Insider Evertz Technologies Limited Sells 2,529 Shares

Evertz Technologies Limited (TSE:ET) insider Evertz Technologies Limited sold 2,529 shares of Evertz Technologies stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of C$13.49, for a total transaction of C$34,126.58.

Evertz Technologies Limited also recently made the following trade(s):

• On Thursday, August 29th, Evertz Technologies Limited sold 2,529 shares of Evertz Technologies stock. The stock was sold at an average price of C$13.39, for a total value of C$33,865.33.
• On Wednesday, August 21st, Evertz Technologies Limited purchased 2,529 shares of Evertz Technologies stock. The stock was acquired at an average cost of C$13.05 per share, for a total transaction of C$32,991.82.

Evertz Technologies Stock Up 1.2 %

ET stock opened at C$11.82 on Friday. The company’s 50 day moving average is C$12.64 and its two-hundred day moving average is C$13.48. Evertz Technologies Limited has a twelve month low of C$11.39 and a twelve month high of C$15.45. The company has a current ratio of 2.00, a quick ratio of 0.68 and a debt-to-equity ratio of 8.42. The stock has a market cap of C$899.62 million, a P/E ratio of 14.07, a PEG ratio of 0.79 and a beta of 0.86.

Evertz Technologies (TSE:ET) last announced its earnings results on Wednesday, September 11th. The company reported C$0.13 earnings per share for the quarter, missing the consensus estimate of C$0.19 by C($0.06). Evertz Technologies had a return on equity of 25.28% and a net margin of 12.84%. The business had revenue of C$111.64 million for the quarter. Research analysts expect that Evertz Technologies Limited will post 0.8010974 earnings per share for the current fiscal year.

Evertz Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Tuesday, September 17th were given a dividend of $0.195 per share. The ex-dividend date of this dividend was Tuesday, September 17th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 6.60%. Evertz Technologies’s payout ratio is 92.86%.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets dropped their price target on shares of Evertz Technologies from C$17.00 to C$15.00 in a research report on Thursday, September 12th.

Evertz Technologies Company Profile

Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution and distribution encoder, decoder, receiver, and processing products; and control panels, intelligent operations and controls, big data analytics, and network management systems, as well as orchestration, monitoring, and analytics solutions.