Enghouse Systems Limited (OTCMKTS:EGHSF) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $39.21 and traded as high as $40.00. Enghouse Systems shares last traded at $40.00, with a volume of 0 shares trading hands.
Separately, CIBC restated a “buy” rating and set a $45.50 price target on shares of Enghouse Systems in a research report on Tuesday, October 29th.
The firm’s 50-day simple moving average is $39.25 and its 200-day simple moving average is $31.32.
About Enghouse Systems (OTCMKTS:EGHSF)
Enghouse Systems Limited develops and sells enterprise oriented applications software worldwide. It operates through two segments, Interactive Management Group and Asset Management Group. The Interactive Management Group segment provides customer interaction software and services designed to enhance customer service, enhance efficiency, and manage customer communications across the enterprise.
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