Converge Technology Solutions Corp. (T:CTS)
Business Focus: IT Services & Consulting (NEC)
Sunny as of May 01, 2024
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Insider Filings
Latest 10 SEDI filings for CTS within the last 6 months
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Company News
May 09, 2024 07:15 ET
Converge Reports First Quarter 2024 Results
Q1 Marks Third Consecutive Billion Dollar Gross Sales1 Quarter
May 09, 2024 07:15 ET
Converge Reports First Quarter 2024 Results
Q1 Marks Third Consecutive Billion Dollar Gross Sales1 Quarter
Valuation Ratios
Industry
Sector
Beta
1.86
--
--
Price to Sales - TTM
0.42
6.61
4.51
Price to Book - most recent quarter
1.96
2.23
2.41
Price to Cash Flow per share - TTM
9.79
12.55
10.81
Price to Free Cash Flow per share - TTM
3.71
16.39
21.58
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 30, 2024 | 2,977,607 | -373,122 |
| Apr 15, 2024 | 3,350,729 | 992,884 |
| Mar 31, 2024 | 2,357,845 | -89,602 |
Business Summary
| Sector: Technology | Industry: IT Services & Consulting |
Converge Technology Solutions Corp. is a services-led, software-enabled, information technology (IT) and cloud solutions provider. Its global approach delivers advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. It supports these solutions with advisory, implementation, and managed services across all IT vendors in the marketplace. Its segments include Converge Hybrid IT Solutions (Converge), and Portage Software-as-a-Solution (SaaS) Solutions. Converge is focused on delivering advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, digital workplace, and managed services offerings and provision of hardware and software products and solutions to clients across various industries and organizations. SaaS is focused on digital transactions between individuals, businesses, and government organizations.
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