Enghouse Systems (TSE:ENGH) Hits New 52-Week Low – Should You Sell?

Posted by Lisa Pomrenke on Jan 14th, 2025

Enghouse Systems Limited (TSE:ENGH – Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$26.23 and last traded at C$26.65, with a volume of 117237 shares trading hands. The stock had previously closed at C$26.72.

Analyst Upgrades and Downgrades

ENGH has been the topic of several recent research reports. Royal Bank of Canada lowered their target price on shares of Enghouse Systems from C$43.00 to C$40.00 in a research note on Monday, December 16th. TD Securities lowered 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. Finally, CIBC cut their price objective on shares of Enghouse Systems from C$37.00 to C$31.00 in a report on Monday, December 16th.

Check Out Our Latest Report on Enghouse Systems

Enghouse Systems Price Performance

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 stock has a 50 day simple moving average of C$28.88 and a two-hundred day simple moving average of C$30.03. The company has a market cap of C$1.48 billion, a price-to-earnings ratio of 17.53, a price-to-earnings-growth ratio of -4.19 and a beta of 0.67.

Enghouse Systems Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 29th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.04 annualized dividend and a dividend yield of 3.90%. Enghouse Systems’s payout ratio is 68.42%.

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.