Enghouse Systems (TSE:ENGH) Trading Up 1% - Should You Buy?

Enghouse Systems Limited (TSE:ENGH - Get Free Report)'s share price was up 1% during trading on Tuesday . The stock traded as high as C$23.65 and last traded at C$23.40. Approximately 132,430 shares traded hands during trading, an increase of 12% from the average daily volume of 118,185 shares. The stock had previously closed at C$23.16.

Wall Street Analyst Weigh In

A number of research firms have issued reports on ENGH. Royal Bank Of Canada decreased their price target on shares of Enghouse Systems from C$30.00 to C$26.00 and set a "sector perform" rating for the company in a report on Monday, June 9th. CIBC decreased their price target on shares of Enghouse Systems from C$30.00 to C$25.50 and set a "neutral" rating for the company in a report on Monday, June 9th.

Enghouse Systems Trading Down 0.8%

The company has a debt-to-equity ratio of 1.86, a current ratio of 1.81 and a quick ratio of 1.84. The company's 50 day moving average is C$24.51 and its two-hundred day moving average is C$25.60. The firm has a market cap of C$1.31 billion, a P/E ratio of 16.16, a PEG ratio of -4.19 and a beta of 0.67.

Enghouse Systems Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 30th. Shareholders 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. The ex-dividend date of this dividend was Friday, May 16th. This represents a $1.20 dividend on an annualized basis and a yield of 5.09%. Enghouse Systems's dividend payout ratio (DPR) is currently 71.32%.

Enghouse Systems Company Profile

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.