Paul James Stoyan acquires 1,000 shares of Enghouse Systems Limited (TSE:ENGH)

Enghouse Systems Limited (TSE:ENGH – Get Rating) Director Paul James Stoyan bought 1,000 shares in a trade on Monday, June 20. The shares were purchased at an average cost of CA$26.79 per share, for a total transaction of CA$26,785.00. Following the purchase, the director now owns 1,000 shares of the company, valued at approximately C$26,785.

ENGH shares traded at C$1.19 at midday on Friday, hitting C$29.06. The company’s stock had a trading volume of 96,410 shares, compared to an average volume of 132,573. The company has a 50-day moving average price of C$32.35 and a 200-day moving average price of 39 .18 CAD. The stock has a market capitalization of C$1.62 billion and a price-earnings ratio of 17.83. The company has a debt ratio of 4.78, a current ratio of 1.94 and a quick ratio of 1.86. Enghouse Systems Limited has a fifty-two week minimum of C$23.96 and a fifty-two week maximum of C$64.42.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 31. Shareholders of record on Tuesday, May 31 received a dividend of $0.185. The ex-dividend date was Monday, May 16. This represents an annualized dividend of $0.74 and a dividend yield of 2.55%. This is a boost from Enghouse Systems’ previous quarterly dividend of $0.16. Enghouse Systems’ payout ratio is currently 45.40%.

Several equity analysts have commented on ENGH shares. TD Securities lowered its price target on Enghouse Systems shares from C$50.00 to C$35.00 and set a “buy” rating on the stock in a Thursday, June 9 research note . CIBC downgraded Enghouse Systems’ shares from an “outperform” rating to a “sustaining” rating and lowered its target price for the company from CA$47.00 to CA$33.50 in a memo. research on Thursday, June 9. Royal Bank of Canada lowered its price target on Enghouse Systems shares from C$50.00 to C$45.00 and set an “outperform” rating for the stock in a Thursday research note June 9. Finally, Scotiabank lowered its price target on Enghouse Systems shares from C$58.00 to C$51.00 in a Monday, March 7 research note.

About Enghouse Systems (Get a rating)

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 working, improve customer service, increase efficiency and manage customer communications through various types of interactions, including voice, email, web chats, text and video.

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