Constellation Software (TSE:CSU) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

Constellation Software Inc. (TSE:CSU) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$4,316.30 and traded as high as C$4,471.10. Constellation Software shares last traded at C$4,458.44, with a volume of 22,213 shares trading hands.

Analyst Ratings Changes

CSU has been the topic of several research analyst reports. Raymond James raised their target price on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a report on Monday, November 11th. TD Securities raised their price objective on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a report on Monday, November 11th. UBS Group raised shares of Constellation Software to a “strong-buy” rating in a research note on Thursday, November 21st. CIBC boosted their price target on Constellation Software from C$4,800.00 to C$5,300.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Finally, BMO Capital Markets increased their price objective on Constellation Software from C$4,800.00 to C$4,900.00 in a report on Monday, November 11th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Constellation Software currently has a consensus rating of “Moderate Buy” and an average target price of C$4,875.00.

Constellation Software Trading Up 0.4 %

The business has a 50-day moving average of C$4,515.09 and a 200-day moving average of C$4,316.30. The company has a debt-to-equity ratio of 151.81, a current ratio of 0.90 and a quick ratio of 0.55. The firm has a market cap of C$94.47 billion, a price-to-earnings ratio of 105.33, a P/E/G ratio of 2.95 and a beta of 0.81.

Constellation Software Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, January 10th will be paid a dividend of $1.353 per share. This represents a $5.41 dividend on an annualized basis and a dividend yield of 0.12%. The ex-dividend date of this dividend is Friday, December 20th. Constellation Software’s dividend payout ratio is currently 12.95%.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.