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Converge Technology Solutions Corp T.CTS

Alternate Symbol(s):  CTSDF

Technology Information Technology Services
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.


TSX:CTS - Post by User

Converge Technology Solutions Corp > Price
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Comment by AlwaysLong683on May 03, 2023 1:26pm
118 Views
Post# 35427957

RE:Price

RE:Price
Steve33 wrote: If nothing comes out of this I think the management repurchases shares at this low price like last year. I love the tactic. 

They have a lot of debt in a rising interest rate environment. Don't you think they should focus on paying that off lest they fail to meet a debt covenant in the future, especially if there's little sales growth should a recession hit at some point.
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