Converge Expertise Options Corp. (TSE:CTS – Get Score) has obtained a consensus ranking of “Purchase” from the fourteen analysts which might be overlaying the agency, Marketbeat experiences. Six equities analysis analysts have rated the inventory with a purchase suggestion. The common 12-month goal value amongst brokerages which have issued scores on the inventory within the final 12 months is C$8.48.

Plenty of brokerages lately commented on CTS. Raymond James diminished their value goal on Converge Expertise Options from C$8.50 to C$7.00 and set an “outperform” ranking for the corporate in a report on Wednesday, February fifteenth. Berenberg Financial institution diminished their value goal on Converge Expertise Options from C$14.00 to C$9.50 in a report on Friday, December 2nd. CIBC diminished their value goal on Converge Expertise Options from C$7.00 to C$5.25 in a report on Monday, December twelfth. BMO Capital Markets diminished their value goal on Converge Expertise Options from C$8.00 to C$7.50 in a report on Wednesday, February fifteenth. Lastly, Cormark diminished their value goal on Converge Expertise Options from C$9.00 to C$8.00 in a report on Wednesday, February fifteenth.

Converge Expertise Options Value Efficiency

Shares of TSE CTS opened at C$4.07 on Friday. Converge Expertise Options has a 1-year low of C$3.60 and a 1-year excessive of C$11.04. The enterprise has a 50-day transferring common of C$5.09 and a 200-day transferring common of C$4.77. The corporate has a debt-to-equity ratio of 63.41, a present ratio of 0.84 and a fast ratio of 0.68. The corporate has a market capitalization of C$856.00 million, a price-to-earnings ratio of 25.44, a PEG ratio of 0.14 and a beta of 1.99.

Insider Shopping for and Promoting at Converge Expertise Options

In different information, Senior Officer Greg Berard acquired 9,308 shares of the enterprise’s inventory in a transaction on Friday, December thirtieth. The shares had been bought at a mean value of C$4.60 per share, for a complete transaction of C$42,816.80. Following the completion of the acquisition, the insider now immediately owns 148,776 shares of the corporate’s inventory, valued at roughly C$684,369.60. 4.88% of the inventory is at the moment owned by insiders.

About Converge Expertise Options

(Get Score)

Converge Expertise Options Corp. offers software-enabled IT and cloud options for company and authorities establishments in the USA and Canada. Its options method delivers superior analytics, software modernization, cloud, cybersecurity, digital infrastructure, and digital office choices to purchasers throughout varied industries.

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