David Brereton Sells 900 Shares of Tecsys Inc. (TSE:TCS) Stock

Tecsys Inc. (TSE:TCS) Director David Brereton sold 900 shares of the stock in a transaction on Friday, December 13th. The shares were 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 shares were sold at an average price of C$43.96, for a total value of C$65,940.00.

Tecsys Stock Performance

Shares of TCS stock opened at C$46.55 on Wednesday. The company has a market capitalization of C$688.47 million, a price-to-earnings ratio of 459.50 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. The company has a current ratio of 1.38, a quick ratio of 1.40 and a debt-to-equity ratio of 2.87. The stock’s fifty day simple moving average is C$42.63 and its 200-day simple moving average is C$40.23.

Analysts Set New Price Targets

TCS has been the subject of a number of analyst reports. Ventum Financial upped their price objective on shares of Tecsys from C$45.00 to C$52.00 in a research note on Friday, December 6th. Cormark downgraded shares of Tecsys from a “moderate buy” rating to a “hold” rating in a research 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.