What’s Propelling Sylogist Ltd. to Decline So Much?

 What's Propelling Sylogist Ltd. to Decline So Much?

The stock of Sylogist Ltd. (CVE:SYZ) is a huge mover today! About 3,100 shares traded hands. Sylogist Ltd. (CVE:SYZ) has risen 6.00% since October 31, 2016 and is uptrending. It has outperformed by 0.77% the S&P500.
The move comes after 6 months negative chart setup for the $254.47M company. It was reported on Nov, 30 by Barchart.com. We have $9.93 PT which if reached, will make CVE:SYZ worth $22.90 million less.

More notable recent Sylogist Ltd. (CVE:SYZ) news were published by: Marketwired.com which released: “Sylogist Ltd. Declares Quarterly Dividend” on May 10, 2016, also Seekingalpha.com with their article: “Sylogist: Curious Buyback Behavior” published on September 06, 2016, Marketwired.com published: “Sylogist Ltd. Declares Increased Quarterly Dividend” on November 18, 2015. More interesting news about Sylogist Ltd. (CVE:SYZ) were released by: Marketwired.com and their article: “Sylogist Signs Global Agreement for Public Sector with Microsoft” published on August 02, 2016 as well as Marketwired.com‘s news article titled: “Sylogist Announces Third Quarter 2016 Results: Reports 45% Growth in Revenues …” with publication date: August 15, 2016.

Sylogist Ltd. is a technology innovation and licensing company, which, through strategic acquisitions, investments and activities management, provides intellectual property solutions to a range of public and private sector customers. The company has a market cap of $254.47 million. The Firm operates through two divisions: the Public Sector division and Private Sector division. It has a 47.9 P/E ratio. The Public Sector division, operates as Bellamy Software and Serenic, develops software and provides implementation services to the public sector market consisting of local governments, school districts, regional utility authorities, non-profit and non-governmental organizations (NGO).

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