(ENGH) Enghouse Systems - Ratings and Ratios

Enghouse Systems Ltd (ENGH) is a Canadian software company that develops and provides enterprise software solutions globally, operating through two main segments: Interactive Management Group and Asset Management Group. The company offers a diverse range of software and services that cater to various industries, including financial services, education, telecoms, healthcare, and government. Its product portfolio includes contact center and interaction management software, video collaboration and health monitoring tools, artificial intelligence solutions, and network infrastructure and operations support systems.

The Interactive Management Group focuses on providing solutions that facilitate remote work, enhance customer service, and manage customer communications across multiple channels. In contrast, the Asset Management Group serves cable operators, network telecommunication providers, media, transit, defense, utilities, and public safety companies, offering products such as video streaming and cloud IPTV solutions, fleet routing and dispatch systems, and SaaS-based enterprise mobility management solutions.

With a history dating back to 1984, Enghouse Systems has established itself as a reputable player in the application software industry. Its commitment to delivering innovative software solutions has enabled the company to expand its customer base across various sectors. As a publicly traded company listed on the Toronto Stock Exchange, Enghouse Systems financial performance is closely monitored by investors and analysts alike.

Analyzing the provided technical data, we observe that the stocks last price is 22.72 CAD, which is at its 52-week low. The SMA20 and SMA50 are at 25.50 and 25.01, respectively, indicating a downward trend in the short to medium term. The SMA200 is at 27.41, further supporting this trend. The ATR is 0.64, representing a 2.84% daily price range. Considering the fundamental data, the companys market capitalization is approximately 1475.96M CAD, with a P/E ratio of 17.38 and a forward P/E of 17.54. The return on equity is 14.42%, indicating a relatively stable financial performance.

Based on the technical and fundamental analysis, a forecast for Enghouse Systems Ltd (ENGH) can be made. Given the current downward trend and the stock being at its 52-week low, there is potential for a rebound if the company continues to deliver stable financial performance and innovates in its product offerings. A potential price target could be the SMA200 at 27.41, representing a 20.6% increase from the current price. However, this would require the company to demonstrate significant growth or positive news to drive the stock price upwards. Conversely, if the downward trend continues, the stock could potentially test new lows, potentially around 20-21 CAD. Investors should closely monitor the companys financial reports, industry trends, and competitive landscape to make informed decisions.