Enghouse Systems (TSE:ENGH) Stock Price Up 0.2%

Enghouse Systems Limited (TSE:ENGH)’s stock price rose 0.2% on Thursday . The company traded as high as C$29.52 and last traded at C$29.00. Approximately 54,098 shares changed hands during trading, a decline of 15% from the average daily volume of 63,841 shares. The stock had previously closed at C$28.95.

Analyst Upgrades and Downgrades

Separately, TD Securities cut their target price on shares of Enghouse Systems from C$35.00 to C$34.00 and set a “hold” rating on the stock in a research note on Wednesday, June 12th.

Enghouse Systems Stock Performance

The stock has a market capitalization of C$1.70 billion, a P/E ratio of 20.82, a P/E/G ratio of -4.19 and a beta of 0.65. The company’s 50-day moving average is C$30.10 and its two-hundred day moving average is C$30.63. The company has a current ratio of 1.69, a quick ratio of 1.84 and a debt-to-equity ratio of 2.29.

Enghouse Systems Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 30th were given a dividend of $0.26 per share. The ex-dividend date was Friday, August 16th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.40%. Enghouse Systems’s dividend payout ratio (DPR) is 70.75%.

Insiders Place Their Bets

In other Enghouse Systems news, Senior Officer Robert Medved sold 26,000 shares of the business’s stock in a transaction dated Tuesday, July 23rd. The shares were sold at an average price of C$30.50, for a total transaction of C$793,000.00. 21.95% of the stock is owned by insiders.

About Enghouse Systems

Enghouse Systems Limited, together with its subsidiaries, develops enterprise software solutions worldwide. It operates through two segments, Interactive Management Group and Asset Management Group. The Interactive Management Group segment provides customer interaction software and services to facilitate remote work, enhance customer service, increase efficiency, and manage customer communications across various types of interactions, including voice, email, web chats, text, and video.