Enghouse Systems (TSE:ENGH) Stock Price Crosses Below 50-Day Moving Average – Time to Sell?

Enghouse Systems Limited (TSE:ENGH) shares 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 Price Performance

The company has a quick ratio of 1.84, a current ratio of 1.69 and a debt-to-equity ratio of 2.29. The stock has a market cap of C$1.63 billion, a P/E ratio of 19.39, a P/E/G ratio of -4.19 and a beta of 0.67. The firm has a 50 day moving average price of C$30.99 and a 200 day moving average price of C$30.29.

Enghouse Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 29th will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date of this dividend is Friday, November 15th. Enghouse Systems’s payout ratio is 68.42%.

Insiders Place Their Bets

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 stock was sold at an average price of C$32.15, for a total transaction of C$2,694,170.00. Company insiders own 21.95% of the company’s stock.

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.