Sylogist (TSE:SYZ) Reaches New 52-Week Low – What’s Next?

Sylogist Ltd. (TSE:SYZ) hit a new 52-week low on Friday . The stock traded as low as C$7.97 and last traded at C$8.33, with a volume of 20152 shares changing hands. The stock had previously closed at C$8.31.

Sylogist Price Performance

The company’s fifty day moving average is C$9.47 and its two-hundred day moving average is C$10.06. The company has a quick ratio of 0.51, a current ratio of 0.54 and a debt-to-equity ratio of 47.19. The firm has a market capitalization of C$191.76 million, a price-to-earnings ratio of 179.98 and a beta of 0.82.

Sylogist Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Wednesday, March 12th were issued a $0.01 dividend. The ex-dividend date was Friday, February 28th. This represents a $0.04 annualized dividend and a yield of 0.49%. Sylogist’s dividend payout ratio (DPR) is presently 88.77%.

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.