Enghouse Systems (TSE:ENGH - Free Report) had its target price decreased by CIBC from C$30.00 to C$25.50 in a research note published on Monday,BayStreet.CA reports. CIBC currently has a neutral rating on the stock.
Separately, Royal Bank of Canada cut shares of Enghouse Systems from an "outperform" rating to a "sector perform" rating and cut their price objective for the company from C$3,800.00 to C$3,300.00 in a research note on Friday, March 28th.
View Our Latest Research Report on ENGH
Enghouse Systems Stock Performance
ENGH stock traded up C$0.06 during mid-day trading on Monday, reaching C$23.04. The company had a trading volume of 157,750 shares, compared to its average volume of 110,109. The company has a quick ratio of 1.84, a current ratio of 1.81 and a debt-to-equity ratio of 1.86. The stock has a market capitalization of C$1.28 billion, a P/E ratio of 15.80, a P/E/G ratio of -4.19 and a beta of 0.67. Enghouse Systems has a one year low of C$22.61 and a one year high of C$34.42. The stock's 50-day simple moving average is C$25.26 and its two-hundred day simple moving average is C$26.57.
Enghouse Systems Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 30th were paid a dividend of $0.30 per share. This is a boost from Enghouse Systems's previous quarterly dividend of $0.26. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.21%. The ex-dividend date was Friday, May 16th. Enghouse Systems's payout ratio is currently 71.32%.
About Enghouse Systems
(
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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.
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