Enghouse Systems (TSE:ENGH) Given New C$29.00 Price Target at TD Securities

Enghouse Systems (TSE:ENGH - Get Free Report) had its target price dropped by TD Securities from C$34.00 to C$29.00 in a note issued to investors on Monday,BayStreet.CA reports. The brokerage currently has a "hold" rating on the stock. TD Securities' price target would indicate a potential upside of 6.15% from the company's previous close.

Enghouse Systems Trading Down 0.1 %

Enghouse Systems stock traded down C$0.04 during mid-day trading on Monday, reaching C$27.32. 244,009 shares of the company traded hands, compared to its average volume of 71,951. The firm's 50 day moving average price is C$30.44 and its 200 day moving average price is C$30.26. Enghouse Systems has a 52-week low of C$27.00 and a 52-week high of C$38.47. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.69 and a quick ratio of 1.84. The firm has a market capitalization of C$1.51 billion, a price-to-earnings ratio of 17.97, a P/E/G ratio of -4.19 and a beta of 0.67.

Insider Buying and Selling at Enghouse Systems

In related news, Senior Officer Vincent Mifsud sold 83,800 shares of the firm's stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of C$32.15, for a total transaction of C$2,694,170.00. 21.95% of the stock is owned by company insiders.

About Enghouse Systems

Enghouse Systems Limited, together with its subsidiaries, develops enterprise software solutions worldwide. It operates through two segments, Interactive Management Group and Asset Management Group. The Interactive Management Group segment provides customer interaction software and services to facilitate remote work, enhance customer service, increase efficiency, and manage customer communications across various types of interactions, including voice, email, web chats, text, and video.