Enghouse Systems (TSE:ENGH) Stock Price Passes Below 50 Day Moving Average – Here’s What Happened

Enghouse Systems Limited (TSE:ENGH) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$30.99 and traded as low as C$29.35. Enghouse Systems shares last traded at C$29.47, with a volume of 102,301 shares changing hands.

Enghouse Systems Trading Up 3.3 %

The company’s 50-day moving average price is C$31.02 and its 200-day moving average price is C$30.29. The firm has a market cap of C$1.69 billion, a price-to-earnings ratio of 20.03, a price-to-earnings-growth ratio of -4.19 and a beta of 0.67. The company has a quick ratio of 1.84, a current ratio of 1.69 and a debt-to-equity ratio of 2.29.

Enghouse Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 29th will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 3.42%. The ex-dividend date is Friday, November 15th. Enghouse Systems’s dividend payout ratio is currently 68.42%.

Insider Buying and Selling at Enghouse Systems

In related news, Senior Officer Vincent Mifsud sold 83,800 shares of Enghouse Systems 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. 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.