Enghouse Systems (ENGH) PT Lowered to C$43.00

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Enghouse Systems (TSE:ENGH) had its price objective trimmed by Royal Bank of Canada from C$45.00 to C$43.00 in a research note published on Monday morning. The brokerage currently has an outperform rating on the stock.

ENGH stock opened at C$32.09 on Monday. The firm has a market capitalization of $1.91 billion and a PE ratio of 30.42. The company has a current ratio of 2.24, a quick ratio of 2.16 and a debt-to-equity ratio of 0.46. Enghouse Systems has a 12 month low of C$31.68 and a 12 month high of C$43.49.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 28th. Stockholders of record on Thursday, February 28th were issued a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.12%. The ex-dividend date of this dividend was Wednesday, February 13th. Enghouse Systems’s dividend payout ratio (DPR) is currently 33.18%.

In other news, insider Stephen Sadler sold 15,800 shares of the company’s stock in a transaction on Wednesday, December 19th. The shares were sold at an average price of C$69.70, for a total value of C$1,101,260.00. Following the sale, the insider now directly owns 3,892,400 shares of the company’s stock, valued at approximately C$271,300,280. Insiders sold a total of 36,600 shares of company stock worth $2,566,126 over the last ninety days.

Enghouse Systems Company Profile

Enghouse Systems Limited develops and sells enterprise oriented applications software worldwide. It operates through two segments, Interactive Management Group and Asset Management Group. The Interactive Management Group segment provides customer interaction software and services designed to enhance customer service, enhance efficiency, and manage customer communications across the enterprise.

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