Brent John Conway Sells 35,000 Shares of Ensign Energy Services Inc. (TSE:ESI) Stock

Ensign Energy Services Inc. (TSE:ESI) Senior Officer Brent John Conway sold 35,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of C$2.86, for a total value of C$100,100.00.

Ensign Energy Services Stock Performance

Ensign Energy Services Inc. has a 1-year low of C$1.94 and a 1-year high of C$3.19. The company has a market cap of C$506.93 million, a PE ratio of 22.83, a P/E/G ratio of 202.94 and a beta of 3.05. The company has a quick ratio of 1.30, a current ratio of 0.97 and a debt-to-equity ratio of 87.50. The firm has a fifty day moving average price of C$2.84 and a 200-day moving average price of C$2.53.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. TD Securities decreased their target price on shares of Ensign Energy Services from C$3.50 to C$3.25 and set a “buy” rating on the stock in a report on Tuesday, October 8th. BMO Capital Markets increased their price target on shares of Ensign Energy Services from C$3.25 to C$3.50 in a research note on Monday, November 4th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus 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.