Constellation Software (OTCMKTS:CNSWF) Upgraded by UBS Group to “Strong-Buy” Rating

UBS Group upgraded shares of Constellation Software (OTCMKTS:CNSWF) to a strong-buy rating in a report published on Thursday morning,Zacks.com reports.

Constellation Software Price Performance

CNSWF stock opened at $3,287.60 on Thursday. Constellation Software has a 1 year low of $2,310.56 and a 1 year high of $3,423.95. The firm has a market capitalization of $69.66 billion, a PE ratio of 118.77 and a beta of 1.04. The business has a 50 day simple moving average of $3,184.35 and a 200-day simple moving average of $3,029.34. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.90 and a quick ratio of 0.89.

Constellation Software Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 20th will be issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 0.12%. The ex-dividend date is Friday, December 20th. Constellation Software’s dividend payout ratio is presently 14.45%.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.