Converge Technology Solutions Corp (TSE:CTS)

Converge Technology Solutions Corp (CTS) Stock Price & Analysis


CTS Stock Chart & Stats

Day’s RangeC$0 - C$0
52-Week RangeC$2.38 - C$7.13
Previous CloseC$2.79
Average Volume (3M)622.02K
Market Cap
Enterprise ValueN/A
Total Cash (Recent Filing)C$78.44M
Total Debt (Recent Filing)C$430.31M
Price to Earnings (P/E)51.3
Nov 08, 2023
0.01 (0.48%)
Share Statistics
EPS (TTM)0.05
Shares Outstanding204,922,884
10 Day Avg. Volume418,901
30 Day Avg. Volume622,021
Standard Deviation0.19
Financial Highlights & Ratios
Price to Book (P/B)-1.45
Price to Sales (P/S)0.85
Price to Cash Flow (P/CF)-14.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Price Target Upside95.71% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4




What was Converge Technology Solutions Corp’s price range in the past 12 months?
Converge Technology Solutions Corp lowest stock price was C$2.38 and its highest was C$7.13 in the past 12 months.
    What is Converge Technology Solutions Corp’s market cap?
    Currently, no data Available
    When is Converge Technology Solutions Corp’s upcoming earnings report date?
    Converge Technology Solutions Corp’s upcoming earnings report date is Nov 08, 2023 which is in 41 days.
      How were Converge Technology Solutions Corp’s earnings last quarter?
      Converge Technology Solutions Corp released its earnings results on Aug 09, 2023. The company reported C$0.12 earnings per share for the quarter, the consensus estimate of C$0.12 by C$0.
        Is Converge Technology Solutions Corp overvalued?
        According to Wall Street analysts Converge Technology Solutions Corp’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Converge Technology Solutions Corp pay dividends?
          Converge Technology Solutions Corp pays a Notavailable dividend of <C$0.01 which represents an annual dividend yield of 0.36%. See more information on Converge Technology Solutions Corp dividends here
            What is Converge Technology Solutions Corp’s EPS estimate?
            Converge Technology Solutions Corp’s EPS estimate is C$0.11.
              How many shares outstanding does Converge Technology Solutions Corp have?
              Converge Technology Solutions Corp has 204,922,880 shares outstanding.
                What happened to Converge Technology Solutions Corp’s price movement after its last earnings report?
                Converge Technology Solutions Corp reported an EPS of C$0.12 in its last earnings report, expectations of C$0.12. Following the earnings report the stock price went down -8.833%.
                  Which hedge fund is a major shareholder of Converge Technology Solutions Corp?
                  Currently, no hedge funds are holding shares in TSE:CTS


                  Converge Technology Solutions Corp Stock Smart Score

                  The Converge Technology Solutions Corp stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.
                  Learn more about TipRanks Smart Score

                  Company Description

                  Converge Technology Solutions Corp

                  Converge Technology Solutions Corp is a Canadian company building a platform of regionally focused Hybrid IT infrastructure providers that deliver best-of-breed solutions and services in the United States. The solutions provided include multi-cloud solutions, the blockchain, resiliency, and managed services, enabling the company to address the business and IT issues that public and private-sector organizations face. It has two reportable segments: the United States and Canada. The majority of its revenue is generated from product sales in the United States.


                  Top 5 ETFs holding CTS

                  Market Value
                  Smart Score
                  CI Digital Security ETF Trust Units
                  BMO MSCI Next Gen Internet Innovation Index ETF Trust Units
                  Up to five ETFs with an Outperform Smart Score that hold CTS. The ETFs are listed according to market value of CTS within the ETF

                  Forecast EPS vs Actual EPS

                  Similar Stocks
                  Price & Change
                  C-Com Satellite Systems
                  Clear Blue Technologies International, Inc.
                  Computer Modelling

                  Popular Stocks

                  What's Included in PREMIUM?
                  Make informed decisions based on Top Analysts' activity
                  Know what industry insiders are buying
                  Get actionable alerts from top Wall Street Analysts
                  Find out before anyone else which stock is going to shoot up
                  Get powerful stock screeners & detailed portfolio analysis