Enghouse Systems (TSE:ENGH) Trading Down 11.3% – Here’s What Happened

Enghouse Systems Limited (TSE:ENGH)’s stock price was down 11.3% during trading on Friday . The company traded as low as C$27.77 and last traded at C$27.87. Approximately 143,331 shares traded hands 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 Trading Down 12.9 %

The company has a 50-day moving average of C$30.57 and a 200 day moving average of C$30.27. 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 company has a market cap of C$1.51 billion, a PE ratio of 18.00, a price-to-earnings-growth ratio of -4.19 and a beta of 0.67.

Enghouse Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 29th were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 3.80%. The ex-dividend date was Friday, November 15th. Enghouse Systems’s dividend payout ratio is currently 68.42%.

Insider Activity at Enghouse Systems

In other Enghouse Systems news, Senior Officer Vincent Mifsud sold 83,800 shares of the firm’s stock in a transaction dated 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. 21.95% of the stock is currently owned by insiders.

About Enghouse Systems

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.