Cormark Upgrades Tecsys (TSE:TCS) to Moderate Buy

Tecsys (TSE:TCS) was upgraded by stock analysts at Cormark from a “hold” rating to a “moderate buy” rating in a note issued to investors on Wednesday,Zacks.com reports.

TCS has been the topic of several other research reports. Raymond James upped their target price on Tecsys from C$45.00 to C$50.00 and gave the company an “outperform” rating in a report on Thursday, March 6th. Ventum Financial upped their target price on Tecsys from C$45.00 to C$52.00 in a report on Friday, December 6th.

Tecsys Stock Down 1.6 %

Tecsys stock opened at C$41.83 on Wednesday. The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.40 and a current ratio of 1.31. The firm has a market capitalization of C$616.75 million, a price-to-earnings ratio of 240.28 and a beta of 0.65. Tecsys has a fifty-two week low of C$32.00 and a fifty-two week high of C$47.51. The stock’s fifty day moving average is C$44.25 and its two-hundred day moving average is C$43.21.

About Tecsys

Tecsys Inc engages in the development, marketing, and sale of enterprise-wide supply chain management software and related services in Canada, the United States, Europe, and internationally. The company offers warehouse management, distribution and transportation management, supply management at point-of-use and order management and fulfillment, as well as financial management and analytics solutions.