Enghouse Systems (TSE:ENGH) Trading Down 0.2% – Time to Sell?

Enghouse Systems Limited (TSE:ENGHGet Free Report) shares fell 0.2% during trading on Friday . The stock traded as low as C$20.05 and last traded at C$20.11. 61,957 shares were traded during mid-day trading, a decline of 57% from the average session volume of 142,887 shares. The stock had previously closed at C$20.15.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Royal Bank Of Canada reduced their price objective on Enghouse Systems from C$26.00 to C$24.00 and set a “sector perform” rating on the stock in a research note on Monday, September 8th. CIBC dropped their target price on Enghouse Systems from C$25.50 to C$25.00 and set a “negative” rating for the company in a report on Monday, September 8th. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Enghouse Systems has a consensus rating of “Reduce” and a consensus target price of C$26.00.

Read Our Latest Research Report on Enghouse Systems

Enghouse Systems Price Performance

The company has a current ratio of 1.81, a quick ratio of 1.84 and a debt-to-equity ratio of 1.86. The company has a market capitalization of C$1.11 billion, a PE ratio of 14.79, a price-to-earnings-growth ratio of -4.19 and a beta of -0.28. The stock’s 50-day moving average is C$20.54 and its two-hundred day moving average is C$22.24.

Enghouse Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 28th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend was Friday, November 14th. Enghouse Systems’s dividend payout ratio (DPR) is currently 79.41%.

About Enghouse Systems

(Get Free Report)

Enghouse Systems Ltd is a Canada-based provider of software and services to a variety of end markets. The firm’s operations are organized in two segments namely, the Interactive Management Group and the Asset Management Group. The firm has operations in Canada, the United States, the United Kingdom, France, Germany, Sweden, Israel, Croatia, Denmark, Norway, India, Japan, Hong Kong, Singapore, and Australia etc.

Further Reading

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