Evertz Technologies Limited (TSE:ET - Get Free Report) Senior Officer Douglas Moore acquired 5,000 shares of the firm's stock in a transaction dated Friday, April 4th. The stock was bought at an average price of C$9.73 per share, with a total value of C$48,652.00.
Evertz Technologies Price Performance
Shares of TSE ET opened at C$9.67 on Wednesday. The stock's 50-day simple moving average is C$11.34 and its 200-day simple moving average is C$11.96. The firm has a market capitalization of C$740.67 million, a PE ratio of 12.80, a price-to-earnings-growth ratio of 0.79 and a beta of 0.86. Evertz Technologies Limited has a fifty-two week low of C$9.45 and a fifty-two week high of C$15.39. The company has a debt-to-equity ratio of 8.09, a quick ratio of 0.68 and a current ratio of 2.18.
Evertz Technologies Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 20th were given a dividend of $0.20 per share. The ex-dividend date was Thursday, March 13th. This represents a $0.80 annualized dividend and a dividend yield of 8.27%. Evertz Technologies's dividend payout ratio is presently 103.22%.
Wall Street Analyst Weigh In
Several analysts recently weighed in on the stock. Raymond James reduced their target price on shares of Evertz Technologies from C$16.00 to C$14.00 and set an "outperform" rating on the stock in a report on Thursday, March 6th. BMO Capital Markets reduced their price objective on shares of Evertz Technologies from C$15.00 to C$13.50 in a report on Thursday, March 6th. Finally, Canaccord Genuity Group boosted their target price on shares of Evertz Technologies from C$15.25 to C$15.50 and gave the stock a "buy" rating in a research note on Wednesday, December 11th.
View Our Latest Research Report on ET
Evertz Technologies Company Profile
(
Get Free Report)
Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution and distribution encoder, decoder, receiver, and processing products; and control panels, intelligent operations and controls, big data analytics, and network management systems, as well as orchestration, monitoring, and analytics solutions.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to contact@insidertrades.com.
