Sylogist (TSE:SYZ) Reaches New 52-Week Low – Should You Sell?

Sylogist Ltd. (TSE:SYZ) shares reached a new 52-week low on Monday . The stock traded as low as C$6.33 and last traded at C$7.07, with a volume of 24026 shares trading hands. The stock had previously closed at C$7.54.

Sylogist Stock Performance

The company has a market capitalization of C$167.17 million, a P/E ratio of 156.90 and a beta of 0.82. The company has a debt-to-equity ratio of 47.19, a quick ratio of 0.51 and a current ratio of 0.54. The business’s fifty day simple moving average is C$9.19 and its 200-day simple moving average is C$9.82.

Sylogist Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, March 12th were issued 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 0.57%. Sylogist’s dividend payout ratio (DPR) 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.