Enerflex Ltd. (TSE:EFX) Senior Officer Purchases C$34,233.00 in Stock

Enerflex Ltd. (TSE:EFX) Senior Officer Joseph Paul John Ladouceur bought 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 26th. The shares were purchased at an average cost of C$11.41 per share, for a total transaction of C$34,233.00.

Enerflex Price Performance

EFX opened at C$10.98 on Monday. The company has a current ratio of 1.19, a quick ratio of 1.20 and a debt-to-equity ratio of 81.27. The stock has a market capitalization of C$1.37 billion, a P/E ratio of -11.93 and a beta of 1.71. The stock has a 50-day moving average price of C$12.34 and a 200-day moving average price of C$11.58. Enerflex Ltd. has a 12-month low of C$6.30 and a 12-month high of C$15.22.

Enerflex Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 24th were given a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date was Monday, March 10th. Enerflex’s payout ratio is currently -10.86%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on EFX. Raymond James upped their price target on shares of Enerflex from C$17.00 to C$17.75 in a report on Friday, February 28th. National Bankshares raised their price target on Enerflex from C$11.00 to C$16.00 and gave the company a “sector perform” rating in a report on Thursday, December 19th. Finally, ATB Capital boosted their price objective on Enerflex from C$15.00 to C$17.00 in a report on Tuesday, December 10th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of C$13.97.

Enerflex Company Profile

Enerflex Ltd. offers energy infrastructure and energy transition solutions to natural gas markets in North America, Latin America, and the Eastern Hemisphere. The company provides natural gas compression infrastructure, processing, and treated water infrastructure under contract to oil and natural gas customers; power generation rental solutions; custom and standard compression packages for reciprocating and screw compressor applications; re-engineering, re-configuration, and re-packaging of compressors for various field applications; integrated turnkey power generation, gas compression, processing facilities, natural gas compression, processing, and electric power solutions; after-market mechanical services and parts distribution, as well as maintenance solutions to the oil and natural gas industry, operations, and overhaul services; and equipment supply, parts supply, and general asset management.