Enghouse Systems (TSE:ENGH) Reaches New 12-Month Low – Should You Sell?

Shares of Enghouse Systems Limited (TSE:ENGH) reached a new 52-week low during trading on Monday . The stock traded as low as C$24.98 and last traded at C$25.00, with a volume of 6834 shares trading hands. The stock had previously closed at C$25.35.

Analysts Set New Price Targets

ENGH has been the subject of several recent research reports. Royal Bank of Canada cut shares of Enghouse Systems from an “outperform” rating to a “sector perform” rating and reduced their target price for the stock from C$3,800.00 to C$3,300.00 in a report on Friday, March 28th. TD Securities reduced their price objective on Enghouse Systems from C$34.00 to C$29.00 and set a “hold” rating for the company in a research note on Monday, December 16th. Finally, CIBC lowered their target price on Enghouse Systems from C$37.00 to C$31.00 in a research note on Monday, December 16th.

Enghouse Systems Stock Up 0.3 %

The company has a debt-to-equity ratio of 1.86, a current ratio of 1.81 and a quick ratio of 1.84. The business’s 50 day moving average price is C$26.78 and its 200 day moving average price is C$28.72. The firm has a market cap of C$1.43 billion, a PE ratio of 17.65, a PEG ratio of -4.19 and a beta of 0.67.

Enghouse Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 28th were paid a dividend of $0.26 per share. The ex-dividend date was Friday, February 14th. This represents a $1.04 annualized dividend and a yield of 4.04%. Enghouse Systems’s dividend payout ratio (DPR) is currently 71.32%.

About Enghouse Systems

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.