Enghouse Systems (TSE:ENGH - Get Free Report) had its price objective lowered by analysts at CIBC from C$37.00 to C$31.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. CIBC's price target would suggest a potential upside of 13.47% from the stock's current price.
Several other brokerages have also recently issued reports on ENGH. TD Securities dropped their target price on shares of Enghouse Systems from C$34.00 to C$29.00 and set a "hold" rating on the stock in a report on Monday. Royal Bank of Canada dropped their price objective on shares of Enghouse Systems from C$43.00 to C$40.00 in a research note on Monday.
View Our Latest Stock Analysis on ENGH
Enghouse Systems Stock Down 0.1 %
Shares of ENGH stock traded down C$0.04 during mid-day trading on Monday, hitting C$27.32. The stock had a trading volume of 244,009 shares, compared to its average volume of 71,951. The firm has a market capitalization of C$1.51 billion, a P/E ratio of 17.97, a price-to-earnings-growth ratio of -4.19 and a beta of 0.67. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.69 and a quick ratio of 1.84. Enghouse Systems has a 12-month low of C$27.00 and a 12-month high of C$38.47. The firm's 50-day moving average is C$30.44 and its two-hundred day moving average is C$30.26.
Insider Buying and Selling at Enghouse Systems
In other news, Senior Officer Vincent Mifsud sold 83,800 shares of the firm's stock in a transaction on Monday, October 7th. The stock was sold at an average price of C$32.15, for a total value of C$2,694,170.00. Insiders own 21.95% of the company's stock.
About Enghouse Systems
(
Get Free Report)
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.
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