Evertz Technologies (TSE:ET) Shares Cross Above 200-Day Moving Average of $12.11

2 Min Read

Evertz Technologies logoEvertz Technologies Limited (TSE:ET – Get Rating)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$12.11 and trades as high as C$12.79. Evertz Technologies shares last traded at C$12.50, with a volume of 10,255 shares.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ET. Raymond James lowered their price target on shares of Evertz Technologies from C$16.50 to C$15.50 and set an “outperform” rating on the stock in a report on Friday, March 3rd. Canaccord Genuity Group decreased their price target on shares of Evertz Technologies from C$16.50 to C$15.00 in a research note on Friday, March 3rd. Finally, BMO Capital Markets lowered their target price on shares of Evertz Technologies from C$16.00 to C$15.00 in a report on Friday, March 3rd.

Evertz Technologies Stock Performance

The stock’s 50-day moving average price is C$11.87 and its 200-day moving average price is C$12.11. The company has a debt-to-equity ratio of 13.77, a current ratio of 1.92 and a quick ratio of 0.68. The company has a market cap of C$952.25 million, a P/E ratio of 14.71, a PEG ratio of 0.79 and a beta of 0.76.

Evertz Technologies Company Profile

Want More Great Investment Ideas?

(Get Rating)

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 encoder, decoder, receiver, processing, and modulation products; and control panels, unified controls, accessories, and network management systems.

See Also

Receive News & Ratings for Evertz Technologies Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Evertz Technologies and related companies with MarketBeat.com’s FREE daily email newsletter.

Share this Article