Insider Buying: Mediagrif Interactive Technologies Inc (TSE:MDF) Director Buys 10,000 Shares of Stock

Mediagrif Interactive Technologies Inc (TSE:MDF) Director Gilles Laporte acquired 10,000 shares of the business’s stock in a transaction dated Thursday, September 19th. The stock was purchased at an average price of C$6.92 per share, with a total value of C$69,200.00. Following the completion of the transaction, the director now directly owns 105,500 shares of the company’s stock, valued at approximately C$730,060.

Gilles Laporte also recently made the following trade(s):

  • On Monday, August 26th, Gilles Laporte bought 14,500 shares of Mediagrif Interactive Technologies stock. The shares were bought at an average price of C$5.80 per share, with a total value of C$84,100.00.
  • On Monday, August 12th, Gilles Laporte bought 5,000 shares of Mediagrif Interactive Technologies stock. The shares were bought at an average price of C$5.56 per share, with a total value of C$27,800.00.

Shares of TSE MDF opened at C$7.39 on Friday. The company has a quick ratio of 0.99, a current ratio of 1.39 and a debt-to-equity ratio of 23.05. The firm’s fifty day moving average is C$5.95 and its 200 day moving average is C$8.13. The company has a market cap of $109.73 million and a price-to-earnings ratio of -4.06. Mediagrif Interactive Technologies Inc has a 52 week low of C$5.20 and a 52 week high of C$11.36.

Mediagrif Interactive Technologies (TSE:MDF) last announced its earnings results on Tuesday, August 6th. The company reported C$0.09 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.17 by C($0.08). The firm had revenue of C$20.23 million for the quarter, compared to analysts’ expectations of C$20.80 million. Equities research analysts anticipate that Mediagrif Interactive Technologies Inc will post 0.52 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Tuesday, October 15th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 5.41%. The ex-dividend date is Monday, September 30th. Mediagrif Interactive Technologies’s payout ratio is -21.98%.

Several research analysts have commented on MDF shares. National Bank Financial decreased their price target on shares of Mediagrif Interactive Technologies from C$12.00 to C$8.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 7th. Laurentian decreased their price target on shares of Mediagrif Interactive Technologies from C$10.00 to C$8.50 in a research note on Wednesday, August 7th.

About Mediagrif Interactive Technologies

Mediagrif Interactive Technologies Inc, through its subsidiaries, provides e-commerce solutions to private sector businesses, public sector organizations, and consumers in Canada, the United States, Asia, Europe, and internationally. Its e-business networks and solutions allow buyers and sellers to find, purchase, and sell products and services; help contractors and vendors access information on business opportunities from the government and private sectors; and offer professionals with automated and integrated business solutions to streamline the supply chain.

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