Enghouse Systems (TSE:ENGH) Stock Crosses Above Fifty Day Moving Average of $30.14

Enghouse Systems Limited (TSE:ENGH)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$30.14 and traded as high as C$31.34. Enghouse Systems shares last traded at C$31.12, with a volume of 53,649 shares.

Wall Street Analysts Forecast Growth

Separately, TD Securities dropped their price target on shares of Enghouse Systems from C$35.00 to C$34.00 and set a “hold” rating for the company in a research note on Wednesday, June 12th.

Enghouse Systems Stock Up 2.7 %

The firm’s 50-day moving average price is C$30.15 and its two-hundred day moving average price is C$30.39. 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 cap of C$1.78 billion, a PE ratio of 21.14, a P/E/G ratio of -4.19 and a beta of 0.65.

Enghouse Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 30th were paid a $0.26 dividend. The ex-dividend date was Friday, August 16th. This represents a $1.04 annualized dividend and a yield of 3.24%. Enghouse Systems’s dividend payout ratio is presently 68.42%.

Insiders Place Their Bets

In other Enghouse Systems news, Senior Officer Robert Medved sold 26,000 shares of Enghouse Systems stock in a transaction that occurred on Tuesday, July 23rd. The stock was sold at an average price of C$30.50, for a total transaction of C$793,000.00. Corporate 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.