Tecsys (TSE:TCS) Rating Increased to Moderate Buy at Cormark

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

Several other research firms also recently commented on TCS. Ventum Financial boosted their price target on shares of Tecsys from C$45.00 to C$52.00 in a research note on Friday, December 6th. Raymond James boosted their price target on shares of Tecsys from C$45.00 to C$50.00 and gave the stock an “outperform” rating in a research note on Thursday, March 6th.

Tecsys Stock Performance

TSE:TCS opened at C$42.50 on Wednesday. The company has a fifty day simple moving average of C$44.29 and a two-hundred day simple moving average of C$43.22. The company has a market cap of C$626.62 million, a price-to-earnings ratio of 244.13 and a beta of 0.65. The company has a quick ratio of 1.40, a current ratio of 1.31 and a debt-to-equity ratio of 2.64. Tecsys has a 52 week low of C$32.00 and a 52 week high of C$47.51.

Tecsys Company Profile

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.