Insider Selling: Ensign Energy Services Inc. (TSE:ESI) Senior Officer Sells C$100,100.00 in Stock

Ensign Energy Services Inc. (TSE:ESI) Senior Officer Brent John Conway sold 35,000 shares of Ensign Energy Services stock in a transaction dated Tuesday, December 3rd. The shares were 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 stock opened at C$2.67 on Friday. The stock has a market cap of C$490.40 million, a price-to-earnings ratio of 22.25, a PEG ratio of 202.94 and a beta of 3.05. The stock’s 50 day simple moving average is C$2.85 and its two-hundred day simple moving average is C$2.53. Ensign Energy Services Inc. has a fifty-two week low of C$1.94 and a fifty-two week high of C$3.19. The company has a debt-to-equity ratio of 87.50, a quick ratio of 1.30 and a current ratio of 0.97.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. BMO Capital Markets raised their target price on Ensign Energy Services from C$3.25 to C$3.50 in a research report on Monday, November 4th. TD Securities cut 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 report on Tuesday, October 8th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of C$3.63.

About Ensign Energy Services

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.