Enghouse Systems (TSE:ENGH) Price Target Cut to C$29.00 by Analysts at TD Securities

Enghouse Systems (TSE:ENGH) had its price target dropped by analysts at TD Securities from C$34.00 to C$29.00 in a report issued on Monday,BayStreet.CA reports. The brokerage currently has a “hold” rating on the stock. TD Securities’ price objective would indicate a potential upside of 4.84% from the company’s previous close.

Enghouse Systems Stock Performance

ENGH traded up C$0.30 during trading hours on Monday, hitting C$27.66. The company’s stock had a trading volume of 139,599 shares, compared to its average volume of 71,496. Enghouse Systems has a fifty-two week low of C$27.00 and a fifty-two week high of C$38.47. The firm has a market capitalization of C$1.53 billion, a PE ratio of 18.20, a PEG ratio of -4.19 and a beta of 0.67. The company has a 50-day simple moving average of C$30.57 and a 200 day simple moving average of C$30.28. The company has a current ratio of 1.69, a quick ratio of 1.84 and a debt-to-equity ratio of 2.29.

Insider Buying and Selling

In other Enghouse Systems news, Senior Officer Vincent Mifsud sold 16,200 shares of the stock in a transaction on Friday, October 4th. The shares were sold at an average price of C$32.87, for a total value of C$532,494.00. Company insiders own 21.95% of the company’s stock.

Enghouse Systems Company Profile

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.