Enghouse Systems (TSE:ENGH) Sets New 1-Year Low – Time to Sell?

Enghouse Systems Limited (TSE:ENGH) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$26.45 and last traded at C$26.62, with a volume of 38437 shares changing hands. The stock had previously closed at C$26.78.

Analysts Set New Price Targets

ENGH has been the topic of a number of research reports. Royal Bank of Canada dropped their price objective on Enghouse Systems from C$43.00 to C$40.00 in a research note on Monday, December 16th. CIBC dropped their target price on shares of Enghouse Systems from C$37.00 to C$31.00 in a report on Monday, December 16th. Finally, TD Securities reduced their target price on shares of Enghouse Systems from C$34.00 to C$29.00 and set a “hold” rating for the company in a report on Monday, December 16th.

Enghouse Systems Trading Up 0.9 %

The company has a fifty day simple moving average of C$29.07 and a 200-day simple moving average of C$30.10. The stock has a market cap of C$1.50 billion, a price-to-earnings ratio of 17.77, a P/E/G ratio of -4.19 and a beta of 0.67. 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 company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 29th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date of this dividend was Friday, November 15th. Enghouse Systems’s dividend payout ratio is 68.42%.

Enghouse Systems Company Profile

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.