Evertz Technologies Limited (ET) To Go Ex-Dividend on March 13th

Evertz Technologies Limited (TSE:ET) declared a quarterly dividend on Thursday, March 13th, TickerTech Dividends reports. Shareholders of record on Thursday, March 20th will be given a dividend of 0.20 per share on Thursday, March 20th. This represents a $0.80 annualized dividend and a dividend yield of 7.10%. The ex-dividend date of this dividend is Thursday, March 13th.

Evertz Technologies Price Performance

Shares of Evertz Technologies stock opened at C$11.27 on Tuesday. The company has a current ratio of 2.18, a quick ratio of 0.68 and a debt-to-equity ratio of 8.09. Evertz Technologies has a 12 month low of C$11.00 and a 12 month high of C$15.39. The stock has a 50 day moving average of C$12.30 and a 200 day moving average of C$12.31. The firm has a market cap of C$863.22 million, a PE ratio of 14.91, a PEG ratio of 0.79 and a beta of 0.86.

Insider Transactions at Evertz Technologies

In other news, Senior Officer Douglas Moore bought 4,000 shares of the stock in a transaction dated Tuesday, December 17th. The stock was purchased at an average price of C$12.16 per share, for a total transaction of C$48,640.00. Company insiders own 64.40% of the company’s stock.

Analysts Set New Price Targets

ET has been the topic of several research reports. Raymond James reduced their price target on shares of Evertz Technologies from C$16.00 to C$14.00 and set an “outperform” rating on the stock in a research report on Thursday, March 6th. Canaccord Genuity Group boosted their target price on shares of Evertz Technologies from C$15.25 to C$15.50 and gave the stock a “buy” rating in a report on Wednesday, December 11th. Finally, BMO Capital Markets decreased their target price on shares of Evertz Technologies from C$15.00 to C$13.50 in a research report on Thursday, March 6th.

Evertz Technologies Company Profile

Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution and distribution encoder, decoder, receiver, and processing products; and control panels, intelligent operations and controls, big data analytics, and network management systems, as well as orchestration, monitoring, and analytics solutions.