Sylogist (TSE:SYZ) Stock Price Down 3.2%

Shares of Sylogist Ltd. (TSE:SYZGet Rating) traded down 3.2% during trading on Monday . The company traded as low as C$6.26 and last traded at C$6.33. 46,126 shares were traded during mid-day trading, an increase of 19% from the average session volume of 38,726 shares. The stock had previously closed at C$6.54.

Wall Street Analyst Weigh In

Separately, Cormark boosted their price objective on shares of Sylogist from C$12.00 to C$13.00 in a report on Friday, August 12th.

Sylogist Trading Down 3.2 %

The company has a market capitalization of C$151.39 million and a price-to-earnings ratio of 57.55. The business’s 50 day moving average price is C$6.96 and its two-hundred day moving average price is C$7.87. The company has a debt-to-equity ratio of 65.51, a quick ratio of 0.39 and a current ratio of 0.46.

Sylogist (TSE:SYZGet Rating) last released its quarterly earnings results on Thursday, August 11th. The company reported C$0.04 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of C$0.04. The firm had revenue of C$13.73 million for the quarter, compared to analyst estimates of C$13.45 million. Equities analysts forecast that Sylogist Ltd. will post 0.25 earnings per share for the current fiscal year.

Sylogist Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 14th. Shareholders of record on Wednesday, September 14th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 7.90%. The ex-dividend date of this dividend was Tuesday, August 30th. Sylogist’s dividend payout ratio (DPR) is presently 454.55%.

Sylogist Company Profile

(Get Rating)

Sylogist Ltd., a software company, provides enterprise resource planning (ERP) solutions in Canada, the United States, the United Kingdom, and internationally. It offers Serenic Navigator solutions, including accounting and financial management, award and budget management, payroll and human resources, analytics and decision support, reporting, deposits and loans, and field connect products.

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