Sylogist Ltd. (TSE:SYZ) Director Taylor Gray Sells 10,000 Shares

Sylogist Ltd. (TSE:SYZ) Director Taylor Gray sold 10,000 shares of the stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of C$10.81, for a total value of C$108,100.00.

Taylor Gray also recently made the following trade(s):

• On Friday, October 11th, Taylor Gray sold 1,100 shares of Sylogist stock. The stock was sold at an average price of C$11.08, for a total transaction of C$12,183.60.

Sylogist Trading Down 1.4 %

Shares of TSE:SYZ opened at C$10.88 on Wednesday. The company has a debt-to-equity ratio of 53.47, a quick ratio of 0.51 and a current ratio of 0.45. The stock’s 50-day moving average is C$11.15 and its 200-day moving average is C$10.16. The company has a market cap of C$254.05 million, a P/E ratio of 1,088.00 and a beta of 0.82. Sylogist Ltd. has a 52-week low of C$6.51 and a 52-week high of C$11.60.

Sylogist (TSE:SYZ) last released its earnings results on Thursday, August 8th. The company reported C($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.05 by C($0.06). The business had revenue of C$17.40 million during the quarter, compared to analyst estimates of C$17.33 million. Sylogist had a net margin of 0.34% and a return on equity of 0.61%. Equities research analysts predict that Sylogist Ltd. will post 0.2447905 earnings per share for the current year.

Sylogist Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 11th. Investors of record on Wednesday, September 11th were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.37%. The ex-dividend date of this dividend was Friday, August 30th. Sylogist’s payout ratio is currently 400.00%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Ventum Cap Mkts upgraded shares of Sylogist to a “strong-buy” rating in a report on Tuesday, July 16th. Cormark increased their price objective on Sylogist from C$12.25 to C$14.00 in a report on Friday, August 9th. Finally, Acumen Capital set a C$13.25 target price on Sylogist in a report on Friday, August 9th. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of C$12.96.

About Sylogist

Sylogist Ltd., a software company, provides mission-critical software-as-a-service solutions in Canada, the United States, and the United Kingdom. The company offers SylogistMission constituent relationship management system, which includes donor management, fundraising, volunteer management, and program delivery; and enterprise resource management, such as accounting and financial management, grant and award management, budget management, payroll and human resources, analytics and reporting, and support and training.