Enghouse Systems (TSE:ENGH) Trading Down 0.3%

Enghouse Systems Limited (TSE:ENGH)’s stock price traded down 0.3% during mid-day trading on Wednesday . The company traded as low as C$30.37 and last traded at C$30.46. 43,556 shares were traded during mid-day trading, a decline of 32% from the average session volume of 63,912 shares. The stock had previously closed at C$30.56.

Analyst Upgrades and Downgrades

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

Enghouse Systems Stock Down 0.3 %

The company has a debt-to-equity ratio of 1.95, a current ratio of 1.79 and a quick ratio of 1.84. The company has a market capitalization of C$1.69 billion, a price-to-earnings ratio of 22.90, a P/E/G ratio of -4.19 and a beta of 0.67. The firm’s fifty day moving average price is C$29.61 and its 200-day moving average price is C$32.49.

Enghouse Systems Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 31st. Shareholders of record on Friday, May 31st were given a $0.26 dividend. The ex-dividend date of this dividend was Thursday, May 16th. This is an increase from Enghouse Systems’s previous quarterly dividend of $0.22. This represents a $1.04 annualized dividend and a yield of 3.41%. Enghouse Systems’s dividend payout ratio (DPR) is currently 78.20%.

Insider Transactions at Enghouse Systems

In other news, Senior Officer Timothy Peters sold 1,500 shares of the firm’s stock in a transaction on Monday, April 22nd. The shares were sold at an average price of C$30.34, for a total transaction of C$45,510.00. Following the completion of the transaction, the insider now owns 125 shares of the company’s stock, valued at C$3,792.50. In other Enghouse Systems news, Senior Officer Timothy Peters sold 1,500 shares of the company’s stock in a transaction dated Monday, April 22nd. The stock was sold at an average price of C$30.34, for a total value of C$45,510.00. Following the sale, the insider now owns 125 shares in the company, valued at approximately C$3,792.50. Also, Senior Officer Sam Anidjar acquired 3,000 shares of the stock in a transaction dated Monday, April 8th. The shares were bought at an average price of C$30.05 per share, with a total value of C$90,150.00. Company insiders own 21.95% of the company’s stock.

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.