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Converge Technology is listed at the TSX Exchange
Converge Technology [CTS.TO]
TSX Sector: Technology Industry:Information Technology Services

Is Converge Technology stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Converge Technology pays dividends. Last time was Tuesday 10th of September 2024 where the investors holding the stock on Tuesday 27th of August 2024 were paid $0.015 per share. Over the last 6 times between 2023 and 2024, Converge Technology has paid $0.07 with an average of $0.01 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Converge Technology 10 years ago, but if you had invested on Monday 21st of October 2019 when the price was $0.890, you would have made a profit of $3.75 per share or 421.35%

Yes, the average daily trading liquidity for Converge Technology is $418 396 thousand. You should therefore be able to get in and out of your positions relatively fast.

Converge Technology has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 1.07, the company's ability to pay off the debt is good. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for Converge Technology to be low [0.45 of 1]

US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.