TD Securities Has Lowered Expectations for Enghouse Systems (TSE:ENGH) Stock Price

Enghouse Systems (TSE:ENGH) had its price objective cut by analysts at TD Securities from C$34.00 to C$29.00 in a research note issued to investors on Monday,BayStreet.CA reports. The firm presently has a “hold” rating on the stock. TD Securities’ price target would suggest a potential upside of 4.28% from the stock’s current price.

Enghouse Systems Stock Up 1.8 %

Shares of TSE ENGH opened at C$27.81 on Monday. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.84 and a current ratio of 1.69. The firm has a market capitalization of C$1.54 billion, a price-to-earnings ratio of 18.30, a PEG ratio of -4.19 and a beta of 0.67. The stock has a 50 day moving average price of C$30.44 and a 200 day moving average price of C$30.26. Enghouse Systems has a 52-week low of C$27.00 and a 52-week high of C$38.47.

Insider Activity at Enghouse Systems

In other Enghouse Systems news, Senior Officer Vincent Mifsud sold 83,800 shares of the company’s stock in a transaction on Monday, October 7th. The stock was sold at an average price of C$32.15, for a total transaction of C$2,694,170.00. 21.95% of the stock is owned by company insiders.

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.