Sylogist (TSE:SYZ) Reaches New 1-Year Low – What’s Next?

Sylogist Ltd. (TSE:SYZ) shares reached a new 52-week low on Monday . The stock traded as low as C$7.92 and last traded at C$8.12, with a volume of 4730 shares. The stock had previously closed at C$8.15.

Sylogist Price Performance

The company has a market cap of C$192.47 million, a P/E ratio of 180.64 and a beta of 0.82. The company’s 50-day moving average price is C$9.42 and its two-hundred day moving average price is C$9.95. 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 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, March 12th were given a $0.01 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.04 annualized dividend and a dividend yield of 0.49%. 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.