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Enghouse Systems (TSE:ENGH) Reaches New 52-Week Low - Here's What Happened

Enghouse Systems logo with Computer and Technology background

Enghouse Systems Limited (TSE:ENGH - Get Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as C$22.61 and last traded at C$22.70, with a volume of 283365 shares trading hands. The stock had previously closed at C$26.30.

Analyst Ratings Changes

Separately, Royal Bank of Canada lowered shares of Enghouse Systems from an "outperform" rating to a "sector perform" rating and reduced their target price for the stock from C$3,800.00 to C$3,300.00 in a report on Friday, March 28th.

Check Out Our Latest Report on ENGH

Enghouse Systems Trading Down 12.4%

The stock has a market cap of C$1.28 billion, a price-to-earnings ratio of 15.80, a P/E/G ratio of -4.19 and a beta of 0.67. The business's 50 day moving average is C$25.41 and its 200 day moving average is C$26.78. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.81 and a quick ratio of 1.84.

Enghouse Systems Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 30th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 5.21%. The ex-dividend date was Friday, May 16th. This is a positive change from Enghouse Systems's previous quarterly dividend of $0.26. Enghouse Systems's dividend payout ratio (DPR) is 71.32%.

Enghouse Systems Company Profile

(Get Free Report)

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.

Further Reading

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