Sylogist (TSE:SYZ) Reaches New 12-Month Low – Here’s What Happened

Sylogist Ltd. (TSE:SYZ)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$8.17 and last traded at C$8.80, with a volume of 364177 shares changing hands. The stock had previously closed at C$8.69.

Sylogist Stock Performance

The firm has a market cap of C$210.21 million, a PE ratio of 197.29 and a beta of 0.82. The firm’s 50 day simple moving average is C$9.52 and its 200 day simple moving average is C$10.23. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 47.19.

Sylogist Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Wednesday, March 12th will be paid a $0.01 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.04 dividend on an annualized basis and a yield of 0.45%. Sylogist’s payout ratio is 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.