Robert Harold Geddes Buys 50,400 Shares of Ensign Energy Services Inc. (TSE:ESI) Stock

Ensign Energy Services Inc. (TSE:ESI - Get Free Report) Senior Officer Robert Harold Geddes acquired 50,400 shares of the stock in a transaction on Tuesday, December 10th. The shares were bought at an average cost of C$2.90 per share, for a total transaction of C$146,160.00.

Robert Harold Geddes also recently made the following trade(s):

• On Tuesday, November 5th, Robert Harold Geddes sold 25,000 shares of Ensign Energy Services stock. The shares were sold at an average price of C$3.00, for a total transaction of C$75,000.00.

Ensign Energy Services Trading Up 0.3 %

Shares of ESI stock traded up C$0.01 on Friday, hitting C$2.91. The stock had a trading volume of 111,100 shares, compared to its average volume of 236,399. The company's 50 day moving average price is C$2.87 and its 200-day moving average price is C$2.54. Ensign Energy Services Inc. has a 1 year low of C$2.01 and a 1 year high of C$3.19. The company has a debt-to-equity ratio of 87.50, a current ratio of 0.97 and a quick ratio of 1.30. The firm has a market capitalization of C$534.48 million, a P/E ratio of 24.25, a P/E/G ratio of 202.94 and a beta of 3.05.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. TD Securities decreased their price objective on 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. ATB Capital upped their price target on Ensign Energy Services from C$4.50 to C$5.50 in a research note on Tuesday. Finally, BMO Capital Markets raised their price objective on Ensign Energy Services from C$3.25 to C$3.50 in a research report on Monday, November 4th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$3.71.

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.