Ensign Energy Services Inc. (TSE:ESI – Get Free Report) Senior Officer Michael Gray acquired 6,750 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The stock was acquired at an average cost of C$3.01 per share, with a total value of C$20,317.50.
Ensign Energy Services Stock Down 2.6 %
Shares of TSE ESI traded down C$0.08 during mid-day trading on Friday, reaching C$3.01. The company had a trading volume of 94,206 shares, compared to its average volume of 241,544. Ensign Energy Services Inc. has a twelve month low of C$1.94 and a twelve month high of C$3.15. The company has a debt-to-equity ratio of 87.50, a quick ratio of 1.30 and a current ratio of 0.97. The stock has a market capitalization of C$552.85 million, a PE ratio of 25.67, a price-to-earnings-growth ratio of 202.94 and a beta of 3.05. The stock’s 50 day moving average is C$2.66 and its 200-day moving average is C$2.47.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on the company. BMO Capital Markets increased their price objective on Ensign Energy Services from C$3.25 to C$3.50 in a report on Monday. TD Securities decreased their price target on Ensign Energy Services from C$3.50 to C$3.25 and set a “buy” rating for the company in a research note on Tuesday, October 8th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$3.63.
Ensign Energy Services Company Profile
Ensign Energy Services Inc, together with its subsidiaries, provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. The company offers shallow, intermediate, and deep well drilling, as well as specialized drilling services, including horizontal, underbalanced, horizontal re-entry, and slant drilling for steam assisted gravity drainage applications; and equipment and services.
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