| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
CTS Stock Overview
Converge Technology Solutions Corp., through its subsidiaries, distributes storage devices and systems, computer products, software, and peripherals.
Converge Technology Solutions Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$7.38 |
| 52 Week High | CA$13.09 |
| 52 Week Low | CA$4.85 |
| Beta | 2.24 |
| 1 Month Change | 44.42% |
| 3 Month Change | 20.00% |
| 1 Year Change | -28.00% |
| 3 Year Change | 660.83% |
| 5 Year Change | n/a |
| Change since IPO | 702.17% |
Recent News & Updates
Converge Technology Solutions Corp.'s (TSE:CTS) 32% Jump Shows Its Popularity With Investors
Converge Technology Solutions Corp. ( TSE:CTS ) shareholders would be excited to see that the share price has had a...
Shareholder Returns
| CTS | CA IT | CA Market | |
|---|---|---|---|
| 7D | 21.0% | -1.6% | 3.0% |
| 1Y | -28.0% | -29.3% | 0.7% |
Return vs Industry: CTS exceeded the Canadian IT industry which returned -29.3% over the past year.
Return vs Market: CTS underperformed the Canadian Market which returned 0.7% over the past year.
Price Volatility
| CTS volatility | |
|---|---|
| CTS Average Weekly Movement | 10.4% |
| IT Industry Average Movement | 12.3% |
| Market Average Movement | 10.6% |
| 10% most volatile stocks in CA Market | 18.9% |
| 10% least volatile stocks in CA Market | 4.3% |
Stable Share Price: CTS is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: CTS's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | n/a | Shaun Maine | https://www.convergetp.com |
Converge Technology Solutions Corp., through its subsidiaries, distributes storage devices and systems, computer products, software, and peripherals. The company also provides installation and maintenance; analytics, hybrid cloud, infrastructure, and cybersecurity services; cloud delivery, compute efficiency, network optimization, and IT spend optimization solutions; and IT professional services, such as data center infrastructure integration and solutioning, and cloud optimization. In addition, it offers business continuity, managed, cognitive, and cybersecurity solutions; IT portfolio management, and consulting services; and multi-site IT deployments, and ISV/OEM solutions.
Converge Technology Solutions Corp. Fundamentals Summary
| CTS fundamental statistics | |
|---|---|
| Market Cap | CA$1.59b |
| Earnings (TTM) | CA$21.48m |
| Revenue (TTM) | CA$2.02b |
73.8x
P/E Ratio0.8x
P/S RatioIs CTS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CTS income statement (TTM) | |
|---|---|
| Revenue | CA$2.02b |
| Cost of Revenue | CA$1.58b |
| Gross Profit | CA$441.86m |
| Other Expenses | CA$420.38m |
| Earnings | CA$21.48m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.10 |
| Gross Margin | 21.88% |
| Net Profit Margin | 1.06% |
| Debt/Equity Ratio | 29.1% |
How did CTS perform over the long term?
See historical performance and comparison