Sylogist (TSE:SYZ) Insider Joel Leetzow Purchases 8,215 Shares

Sylogist Ltd. (TSE:SYZ) insider Joel Leetzow purchased 8,215 shares of the company’s stock in a transaction on Friday, September 18th. The stock was purchased at an average price of C$2.95 per share, for a total transaction of C$24,234.25. Following the purchase, the insider directly owned 8,215 shares of the company’s stock, valued at C$24,234.25. This trade represents a ? increase in their position.

Sylogist Stock Performance

Shares of SYZ remained flat at C$2.94 during mid-day trading on Tuesday. The stock had a trading volume of 11,632 shares, compared to its average volume of 75,040. The company has a quick ratio of 0.51, a current ratio of 0.75 and a debt-to-equity ratio of 77.16. The firm’s 50 day simple moving average is C$3.20 and its 200-day simple moving average is C$3.49. The company has a market cap of C$68.49 million, a PE ratio of -8.17 and a beta of 0.35. Sylogist Ltd. has a 52 week low of C$2.72 and a 52 week high of C$7.39.

Analysts Set New Price Targets

Separately, ATB Cormark Capital Markets reduced their price target on Sylogist from C$5.50 to C$4.75 and set a “speculative buy” rating for the company in a research report on Thursday, August 13th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of C$4.75.

About Sylogist

Sylogist provides mission-critical SaaS solutions to over 2,000 public sector customers across the government, nonprofit, and education market segments. The Company’s stock is traded on the Toronto Stock Exchange under the symbol SYZ. Information about Sylogist, inclusive of full financial statements together with Management’s Discussion and Analysis, can be found at sedarplus.ca or at sylogist.com.