Constellation Software (TSE:CSU) Share Price Passes Above Two Hundred Day Moving Average of $0.00

Constellation Software Inc. (TSE:CSU)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $1,263.18. Constellation Software shares last traded at $1,255.67, with a volume of 20,736 shares.

A number of equities research analysts recently commented on CSU shares. Raymond James reaffirmed a “market perform” rating and set a C$1,200.00 price objective on shares of Constellation Software in a research note on Friday, May 3rd. BMO Capital Markets lifted their price objective on Constellation Software from C$1,200.00 to C$1,300.00 in a research note on Friday, May 3rd. Finally, CIBC lifted their price objective on Constellation Software from C$1,250.00 to C$1,350.00 in a research note on Friday, July 26th.

The company has a quick ratio of 0.65, a current ratio of 0.72 and a debt-to-equity ratio of 107.72. The firm has a market capitalization of $26.62 billion and a PE ratio of 69.80. The business’s 50 day moving average price is C$1,239.34.

Constellation Software (TSE:CSU) last posted its earnings results on Wednesday, May 1st. The company reported C$7.94 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$10.04 by C($2.10). The business had revenue of C$1.09 billion during the quarter, compared to analysts’ expectations of C$1.08 billion. As a group, sell-side analysts expect that Constellation Software Inc. will post 36.7999995 EPS for the current year.

In other Constellation Software news, Senior Officer John Edward Billowits sold 2,000 shares of the business’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of C$1,167.50, for a total value of C$2,335,000.00. Following the completion of the transaction, the insider now directly owns 17,688 shares of the company’s stock, valued at C$20,650,740.

About Constellation Software (TSE:CSU)

Constellation Software Inc, together with its subsidiaries, engages in the development, installation, and customization of software to various markets in the United States, Canada, the United Kingdom, Europe, and internationally. It operates through two segments, Public Sector and Private Sector. The Public Sector segment develops and distributes software solutions primarily to government and government-related customers.

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