Converge Technology Solutions Corp. (TSE:CTS – Get Free Report) declared a quarterly dividend on Monday, November 11th,Zacks Dividends reports. Stockholders of record on Tuesday, December 10th will be paid a dividend of 0.015 per share on Saturday, December 28th. This represents a $0.06 annualized dividend and a dividend yield of 1.65%. The ex-dividend date is Tuesday, December 10th.
Converge Technology Solutions Stock Down 2.9 %
Shares of TSE CTS traded down C$0.11 during midday trading on Wednesday, reaching C$3.63. 1,008,131 shares of the company’s stock were exchanged, compared to its average volume of 543,009. The stock has a market capitalization of C$708.58 million, a PE ratio of -4.68, a price-to-earnings-growth ratio of 0.14 and a beta of 1.81. Converge Technology Solutions has a 52-week low of C$2.90 and a 52-week high of C$6.06. The company has a debt-to-equity ratio of 99.08, a quick ratio of 0.68 and a current ratio of 1.00. The business’s fifty day moving average price is C$4.12 and its two-hundred day moving average price is C$4.46.
Insider Buying and Selling
In other news, Senior Officer Greg Berard bought 10,105 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were purchased at an average price of C$4.42 per share, with a total value of C$44,684.31. Corporate insiders own 5.97% of the company’s stock.
Analyst Ratings Changes
View Our Latest Stock Report on Converge Technology Solutions
About Converge Technology Solutions
Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions in the United States and Canada. Its solutions approach delivers advanced analytics, artificial intelligence, application modernization, cloud, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries.
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