Information Services (TSE:ISV) Stock Price Passes Above 50 Day Moving Average of $25.49

Information Services Co. (TSE:ISV)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 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 changing hands.

Analyst Upgrades and Downgrades

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

Information Services Price Performance

The company has a current ratio of 0.76, a quick ratio of 1.69 and a debt-to-equity ratio of 110.89. The company has a market capitalization of C$478.80 million, a PE ratio of 18.96, a price-to-earnings-growth ratio of 1.19 and a beta of 0.56. The stock’s 50-day moving average is C$25.54 and its two-hundred day moving average is C$23.17.

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

Information Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Sunday, March 31st were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 3.46%. The ex-dividend date of this dividend was Wednesday, March 27th. Information Services’s dividend payout ratio (DPR) is presently 66.19%.

Insider Buying and Selling at Information Services

In related news, Senior Officer Katherine Hillman-Weir sold 12,311 shares of the business’s 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. Insiders own 30.22% of the company’s stock.

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.