Enghouse Systems (TSE:ENGH) Sets New 12-Month Low - Time to Sell?

Enghouse Systems Limited (TSE:ENGH - Get Free Report)'s stock price reached a new 52-week low on Monday . The company traded as low as C$24.98 and last traded at C$25.00, with a volume of 6834 shares. The stock had previously closed at C$25.35.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. CIBC decreased their price target on shares of Enghouse Systems from C$37.00 to C$31.00 in a research note on Monday, December 16th. Royal Bank of Canada downgraded shares of Enghouse Systems from an "outperform" rating to a "sector perform" rating and decreased their target price for the company from C$3,800.00 to C$3,300.00 in a research report on Friday, March 28th. Finally, TD Securities cut their price target on shares of Enghouse Systems from C$34.00 to C$29.00 and set a "hold" rating on the stock in a research report on Monday, December 16th.

Enghouse Systems Stock Down 2.6 %

The firm has a market capitalization of C$1.33 billion, a P/E ratio of 16.47, a PEG ratio of -4.19 and a beta of 0.67. The firm's 50 day moving average is C$26.68 and its two-hundred day moving average is C$28.67. 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 28th were given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.33%. The ex-dividend date was Friday, February 14th. Enghouse Systems's dividend payout ratio (DPR) is presently 71.32%.

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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.