Enghouse Systems (ENGH) Hits New 12-Month Low at $66.83

Enghouse Systems Ltd. (TSE:ENGH) hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$66.83 and last traded at C$67.03, with a volume of 4446 shares trading hands. The stock had previously closed at C$67.57.

A number of equities research analysts have recently issued reports on the stock. TD Securities set a C$74.00 target price on shares of Enghouse Systems and gave the company a “buy” rating in a research report on Tuesday, January 30th. Scotiabank boosted their target price on shares of Enghouse Systems from C$62.00 to C$66.00 and gave the company a “sector perform” rating in a research report on Monday, March 12th. Finally, Royal Bank of Canada boosted their target price on shares of Enghouse Systems from C$65.00 to C$72.00 and gave the company an “outperform” rating in a research report on Monday, March 12th.

In related news, insider Stephen Sadler sold 4,900 shares of the business’s stock in a transaction dated Monday, April 23rd. The stock was sold at an average price of C$68.43, for a total value of C$335,307.00. Also, Director Reid Drury sold 9,000 shares of the business’s stock in a transaction dated Wednesday, March 14th. The shares were sold at an average price of C$67.02, for a total value of C$603,180.00. In the last ninety days, insiders sold 80,400 shares of company stock valued at $5,447,714.

About Enghouse Systems

Enghouse Systems Limited develops and sells enterprise oriented applications software worldwide. It operates through two segments, Interactive Management Group and Asset Management Group. The Interactive Management Group segment provides customer interaction software and services designed to enhance customer service, enhance efficiency, and manage customer communications across the enterprise.

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