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Converge Technology Solutions Corp. (V:CTS)

Business Focus: IT Services & Consulting

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Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for CTS within the last 6 months
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Company News

Aug 27, 2019 08:00 ET
Converge Technology Solutions Announced as Red Hat Apex Partner
TORONTO, Aug. 27, 2019 /CNW/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSXV: CTS)  (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce that the Converge family of companies have been named as Red Hat Premier Partners, and have been selected by Red Hat, Inc. to join their Apex Partner Program. As part of Red Hat's partner ecosystem, Converge has demonstrated that it is an expert business partner with a significant focus on Red Hat related projects. Red Hat Premier Partners are well trained and highly committed to working closely with Red Hat on business opportunities.
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Aug 21, 2019 18:30 ET
Converge Technology Solutions Reports Second Quarter 2019 Financial Results
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
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Valuation Ratios

Industry
Sector
Beta
N/A
--
--
Price to Sales - TTM
0.14
2.53
7.89
Price to Book - most recent quarter
--
2.53
2.87
Price to Cash Flow per share - TTM
--
14.20
11.84
Price to Free Cash Flow per share - TTM
894.96
8.80
20.43
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Aug 31, 2019819-692
Aug 15, 20191,511-9,659
Jul 31, 201911,1709,624
See Short Report

Business Summary

Sector:  Technology Industry:  IT Services & Consulting

Converge Technology Solutions Corp, formerly Norwick Capital Corp, is a Canada-based company that provides information technology (IT) solutions. The Company offers a platform of regionally-focused Hybrid IT solutions providers to assist them in their provision of multi-cloud solutions, blockchain, resiliency, and managed services, which enables the Company to address the business and IT issues that public and private-sector organizations face. Converge Technology Solutions Corp offers the following solutions: Hybrid IT, Cloud, Data Center, Collaboration, Security and Identity Management. Its portfolio companies include Becker-Carroll, BlueChipTek and Corus360, among others. The Company has offices across the United States, Canada and the United Kingdom.

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