Enghouse Systems (TSE:ENGH) Stock Crosses Below 50 Day Moving Average – What’s Next?

Enghouse Systems Limited (TSE:ENGH) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 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 traded.

Enghouse Systems Stock Up 3.3 %

The company has a current ratio of 1.69, a quick ratio of 1.84 and a debt-to-equity ratio of 2.29. The company has a 50-day simple moving average of C$31.02 and a 200 day simple moving average of C$30.29. The company has a market cap of C$1.69 billion, a P/E ratio of 20.03, a P/E/G ratio of -4.19 and a beta of 0.67.

Enghouse Systems Announces Dividend

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

Insider Activity

In other news, Senior Officer Vincent Mifsud sold 16,200 shares of the company’s stock in a transaction that occurred 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. 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.