Constellation Software (OTCMKTS:CNSWF) Shares Up 2.9% – Still a Buy?

Constellation Software Inc. (OTCMKTS:CNSWF)’s stock price shot up 2.9% during mid-day trading on Wednesday . The company traded as high as $3,310.00 and last traded at $3,310.00. 1,836 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 2,297 shares. The stock had previously closed at $3,217.28.

Constellation Software Price Performance

The company has a 50 day moving average of $3,339.83 and a 200 day moving average of $3,232.41. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.92 and a current ratio of 0.93. The stock has a market capitalization of $70.14 billion, a price-to-earnings ratio of 119.58 and a beta of 1.08.

Constellation Software Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 28th will be paid a dividend of $1.00 per share. The ex-dividend date is Friday, March 28th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.12%. Constellation Software’s payout ratio is 11.60%.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.