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
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Enghouse Systems, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Enghouse Systems wasn't on the list.
While Enghouse Systems currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.