Enghouse Systems (OTCMKTS:EGHSF) Shares Pass Below Two Hundred Day Moving Average of $31.81

Enghouse Systems Limited (OTCMKTS:EGHSFGet Rating) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $31.81 and traded as low as $19.59. Enghouse Systems shares last traded at $19.59, with a volume of 469 shares trading hands.

EGHSF has been the subject of a number of research analyst reports. TD Securities dropped their price target on shares of Enghouse Systems from C$50.00 to C$35.00 in a research report on Thursday, June 9th. Royal Bank of Canada dropped their price target on shares of Enghouse Systems from C$50.00 to C$45.00 in a research report on Thursday, June 9th. CIBC lowered shares of Enghouse Systems from an “outperform” rating to a “neutral” rating in a research report on Thursday, June 9th. Finally, Scotiabank dropped their price target on shares of Enghouse Systems from C$58.00 to C$51.00 in a research report on Monday, March 7th.

The company’s fifty day moving average price is $26.69 and its two-hundred day moving average price is $31.81.

Enghouse Systems Company Profile (OTCMKTS:EGHSF)

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.

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