Ensign Energy Services (OTCMKTS:ESVIF) Stock Price Down 0.9% – Time to Sell?

Shares of Ensign Energy Services Inc. (OTCMKTS:ESVIF) dropped 0.9% during trading on Monday . The stock traded as low as $2.09 and last traded at $2.10. Approximately 162,142 shares were traded during trading, an increase of 229% from the average daily volume of 49,210 shares. The stock had previously closed at $2.12.

Wall Street Analyst Weigh In

Separately, TD Securities cut shares of Ensign Energy Services to a “hold” rating in a report on Monday, February 3rd.

Ensign Energy Services Stock Down 0.9 %

The company has a 50 day moving average of $2.15 and a two-hundred day moving average of $2.04.

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.