Evertz Technologies Limited Purchases 2,529 Shares of Evertz Technologies Limited (TSE:ET) Stock

Evertz Technologies Limited (TSE:ET) insider Evertz Technologies Limited acquired 2,529 shares of the firm’s stock in a transaction that occurred on Wednesday, August 21st. The shares were bought at an average cost of C$13.05 per share, with a total value of C$32,991.82.

Evertz Technologies Limited also recently made the following trade(s):

• On Thursday, August 29th, Evertz Technologies Limited sold 2,529 shares of Evertz Technologies stock. The stock was sold at an average price of C$13.39, for a total value of C$33,865.33.

Evertz Technologies Price Performance

Shares of ET stock opened at C$13.15 on Friday. The company has a quick ratio of 0.68, a current ratio of 2.01 and a debt-to-equity ratio of 8.71. Evertz Technologies Limited has a 12-month low of C$11.99 and a 12-month high of C$15.45. The firm has a fifty day moving average of C$12.93 and a 200-day moving average of C$13.83. The firm has a market capitalization of C$1.00 billion, a price-to-earnings ratio of 14.45, a price-to-earnings-growth ratio of 0.79 and a beta of 0.88.

Evertz Technologies (TSE:ET) last posted its earnings results on Wednesday, June 19th. The company reported C$0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.22 by C($0.04). The business had revenue of C$122.77 million for the quarter. Evertz Technologies had a return on equity of 27.70% and a net margin of 13.64%. On average, equities research analysts forecast that Evertz Technologies Limited will post 0.9414669 earnings per share for the current year.

Evertz Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 10th. Stockholders of record on Tuesday, July 2nd were given a dividend of $0.195 per share. The ex-dividend date of this dividend was Tuesday, July 2nd. This represents a $0.78 annualized dividend and a dividend yield of 5.93%. Evertz Technologies’s dividend payout ratio is currently 85.71%.

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.