Information Services (TSE:ISV) Stock Crosses Above Fifty Day Moving Average of $25.49

Shares of Information Services Co. (TSE:ISV) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$25.49 and traded as high as C$27.47. Information Services shares last traded at C$26.43, with a volume of 6,320 shares.

Analyst Upgrades and Downgrades

ISV has been the topic of a number of recent research reports. CIBC lifted their target price on Information Services from C$31.00 to C$32.00 in a research report on Thursday, March 14th. Royal Bank of Canada lifted their target price on Information Services from C$24.00 to C$27.00 and gave the stock a “sector perform” rating in a research report on Thursday, March 14th. Finally, Raymond James lifted their target price on Information Services from C$27.00 to C$34.00 and gave the stock an “outperform” rating in a research report on Thursday, March 14th.

Information Services Trading Down 2.1 %

The stock has a market cap of C$475.74 million, a P/E ratio of 19.01, a PEG ratio of 1.19 and a beta of 0.56. The company has a debt-to-equity ratio of 110.89, a current ratio of 0.76 and a quick ratio of 1.69. The business’s 50 day simple moving average is C$25.49 and its 200 day simple moving average is C$23.14.

Information Services (TSE:ISV) last announced its quarterly earnings results on Tuesday, March 12th. The company reported C$0.54 EPS for the quarter. The firm had revenue of C$57.49 million during the quarter, compared to analysts’ expectations of C$54.00 million. Information Services had a net margin of 11.68% and a return on equity of 15.44%. On average, analysts expect that Information Services Co. will post 2.1183612 earnings per share for the current fiscal year.

Information Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.48%. The ex-dividend date of this dividend was Wednesday, March 27th. Information Services’s dividend payout ratio (DPR) is currently 66.19%.

Insider Activity

In other news, Senior Officer Katherine Hillman-Weir sold 12,311 shares of Information Services stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of C$27.44, for a total value of C$337,813.84. 30.22% of the stock is currently owned by corporate insiders.

Information Services Company Profile

Information Services Corporation provides registry and information management services for public data and records in Canada. It operates through three segments: Registry Operations, Services, and Technology Solutions. The company provides land titles registry services that issues titles to land and registers transactions affecting titles; land survey services, which registers land survey plans and creates a representation of Saskatchewan land parcels in the cadastral parcel mapping system; and geomatics services that manages geographic data in relation to the cadastral parcel mapping system.