Information Services (TSE:ISV) Shares Cross Below 50 Day Moving Average – Should You Sell?

Information Services Co. (TSE:ISV) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$27.75 and traded as low as C$26.20. Information Services shares last traded at C$26.53, with a volume of 5,250 shares traded.

Wall Street Analyst Weigh In

Separately, CIBC increased their price objective on shares of Information Services from C$34.00 to C$35.00 in a research report on Thursday, November 7th.

Information Services Stock Down 0.2 %

The company has a market cap of C$479.90 million, a price-to-earnings ratio of 23.22, a P/E/G ratio of 1.19 and a beta of 0.59. The stock has a fifty day moving average price of C$27.72 and a two-hundred day moving average price of C$27.28. The company has a quick ratio of 1.69, a current ratio of 0.74 and a debt-to-equity ratio of 99.98.

Information Services (TSE:ISV) last announced its earnings results on Tuesday, November 5th. The company reported C$0.60 earnings per share (EPS) for the quarter. The firm had revenue of C$60.93 million for the quarter, compared to analyst estimates of C$63.40 million. Information Services had a net margin of 8.75% and a return on equity of 12.37%. As a group, sell-side analysts expect that Information Services Co. will post 2.2194553 EPS for the current year.

Information Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.92 dividend on an annualized basis and a yield of 3.48%. Information Services’s payout ratio is 80.70%.

About Information Services

Information Services Corporation provides registry and information management services for public data and records in Canada. It operates through three segments: Registry Operations, Services, and Technology Solutions. The company provides land titles registry services that issues titles to land and registers transactions affecting titles; land survey services, which registers land survey plans and creates a representation of Saskatchewan land parcels in the cadastral parcel mapping system; and geomatics services that manages geographic data in relation to the cadastral parcel mapping system.