TD Securities Lowers Enghouse Systems (TSE:ENGH) Price Target to C$29.00

Enghouse Systems (TSE:ENGH) had its price objective lowered by analysts at TD Securities from C$34.00 to C$29.00 in a research note issued on Monday,BayStreet.CA reports. The firm presently has a “hold” rating on the stock. TD Securities’ price objective would suggest a potential upside of 4.84% from the company’s current price.

Enghouse Systems Stock Up 1.1 %

Shares of ENGH traded up C$0.30 during midday trading on Monday, hitting C$27.66. The stock had a trading volume of 139,599 shares, compared to its average volume of 71,496. 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 cap of C$1.53 billion, a price-to-earnings ratio of 18.20, a price-to-earnings-growth ratio of -4.19 and a beta of 0.67. Enghouse Systems has a twelve month low of C$27.00 and a twelve month high of C$38.47. The company has a 50 day simple moving average of C$30.57 and a two-hundred day simple moving average of C$30.28.

Insider Activity at Enghouse Systems

In other news, Senior Officer Vincent Mifsud sold 16,200 shares of the stock in a transaction dated Friday, October 4th. The shares were sold at an average price of C$32.87, for a total value of C$532,494.00. 21.95% of the stock is currently owned by company insiders.

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.