Enghouse Systems (TSE:ENGH) Shares Down 11.3% – What’s Next?

Shares of Enghouse Systems Limited (TSE:ENGH) dropped 11.3% during mid-day trading on Friday . The stock traded as low as C$27.77 and last traded at C$27.87. Approximately 143,331 shares were traded during mid-day trading, an increase of 106% from the average daily volume of 69,493 shares. The stock had previously closed at C$31.41.

Enghouse Systems Price Performance

The stock has a market capitalization of C$1.53 billion, a P/E ratio of 18.64, a PEG ratio of -4.19 and a beta of 0.67. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.84 and a current ratio of 1.69. The firm has a fifty day moving average price of C$30.69 and a two-hundred day moving average price of C$30.29.

Enghouse Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 29th were paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 3.76%. The ex-dividend date was Friday, November 15th. Enghouse Systems’s dividend payout ratio (DPR) is presently 68.42%.

Insiders Place Their Bets

In related news, Senior Officer Vincent Mifsud sold 83,800 shares of the stock in a transaction that occurred on Monday, October 7th. The shares were 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.

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.