Shares of Evertz Technologies Limited (TSE:ET – Get Rating) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$14.04 and traded as high as C$14.50. Evertz Technologies shares last traded at C$14.36, with a volume of 4,225 shares.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets reduced their target price on shares of Evertz Technologies from C$17.50 to C$16.00 in a report on Saturday, June 25th.
Evertz Technologies Stock Down 1.2 %
The firm has a market cap of C$1.09 billion and a P/E ratio of 15.28. The company has a debt-to-equity ratio of 12.96, a quick ratio of 0.85 and a current ratio of 1.97. The firm’s fifty day moving average is C$13.87 and its 200 day moving average is C$14.04.
Evertz Technologies Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 12th. Shareholders of record on Tuesday, July 5th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date of this dividend was Monday, July 4th. Evertz Technologies’s dividend payout ratio is currently 76.60%.
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 encoder, decoder, receiver, processing, and modulation products; and control panels, unified controls, accessories, and network management systems.
- Oil and Gas Stocks: A Safe Way to Invest in Renewable Energy
- Are These Green Energy Companies Right For Your Portfolio?
- When Will the Hangover Finally Be Over for Seagate Technology?
- Does Enphase Energy Have the Juice to Keep Powering Higher?
- The One Hydrogen Fuel Cell Stock To Rule Them All
Receive News & Ratings for Evertz Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evertz Technologies and related companies with MarketBeat.com's FREE daily email newsletter.