Enghouse Systems (TSE:ENGH) Sets New 12-Month Low - Should You Sell?

Enghouse Systems Limited (TSE:ENGH - Get Free Report)'s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as C$26.45 and last traded at C$26.62, with a volume of 38437 shares changing hands. The stock had previously closed at C$26.78.

Analyst Ratings Changes

A number of research firms have recently commented on ENGH. TD Securities dropped their price objective on Enghouse Systems from C$34.00 to C$29.00 and set a "hold" rating for the company in a report on Monday, December 16th. CIBC cut their price objective on Enghouse Systems from C$37.00 to C$31.00 in a report on Monday, December 16th. Finally, Royal Bank of Canada reduced their price objective on Enghouse Systems from C$43.00 to C$40.00 in a research note on Monday, December 16th.

Enghouse Systems Price Performance

The company has a quick ratio of 1.84, a current ratio of 1.69 and a debt-to-equity ratio of 2.29. The company has a 50 day moving average of C$29.07 and a 200-day moving average of C$30.10. The stock has a market capitalization of C$1.51 billion, a P/E ratio of 17.91, a PEG ratio of -4.19 and a beta of 0.67.

Enghouse Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 29th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date of this dividend was Friday, November 15th. Enghouse Systems's payout ratio is 68.42%.

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.