Softchoice (TSE:SFTC) Shares Down 0.1%

Softchoice Co. (TSE:SFTC) was down 0.1% on Tuesday . The company traded as low as C$16.80 and last traded at C$16.92. Approximately 9,321 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 20,611 shares. The stock had previously closed at C$16.93.

Analyst Upgrades and Downgrades

Separately, TD Securities raised Softchoice from a “hold” rating to a “buy” rating and upped their price target for the company from C$21.00 to C$24.00 in a research report on Monday, August 14th.

Softchoice Trading Down 0.1 %

The stock has a 50-day simple moving average of C$16.50 and a 200 day simple moving average of C$17.11. The stock has a market capitalization of C$978.99 million, a price-to-earnings ratio of 25.25 and a beta of -0.15.

Softchoice Company Profile

Softchoice Corporation designs, procures, implements, and manages information technology (IT) solutions in Canada and the United States. The company offers cloud and data center solutions, such as data center and application modernization; collaboration and digital workplace solutions comprising secure access, and adoption and change management; IT asset management solutions, including software and hardware asset management solutions; network and security support solutions.