Enghouse Systems (TSE:ENGH) Trading Down 0.3%

Enghouse Systems Limited (TSE:ENGH)’s share price fell 0.3% during 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.

Analysts Set New Price Targets

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

Enghouse Systems Stock Down 0.3 %

The firm’s 50 day moving average is C$29.61 and its 200-day moving average is C$32.49. The firm has a market cap of C$1.69 billion, a PE ratio of 22.90, a P/E/G ratio of -4.19 and a beta of 0.67. The company has a quick ratio of 1.84, a current ratio of 1.79 and a debt-to-equity ratio of 1.95.

Enghouse Systems Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 31st. Investors of record on Friday, May 31st were paid a $0.26 dividend. This is a positive change from Enghouse Systems’s previous quarterly dividend of $0.22. This represents a $1.04 annualized dividend and a yield of 3.41%. The ex-dividend date was Thursday, May 16th. Enghouse Systems’s dividend payout ratio is presently 78.20%.

Insider Buying and Selling

In related news, Senior Officer Timothy Peters sold 1,500 shares of the company’s stock in a transaction that occurred 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 business’s stock in a transaction dated Monday, April 22nd. The stock was sold at an average price of C$30.34, for a total transaction of C$45,510.00. Following the completion of the sale, the insider now owns 125 shares of the company’s stock, valued at C$3,792.50. Also, Senior Officer Robert Medved sold 10,000 shares of Enghouse Systems stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of C$30.28, for a total value of C$302,810.00. 21.95% of the stock is currently owned by company insiders.

About Enghouse Systems

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.