Ensign Energy Services Inc. (TSE:ESI - Get Free Report)'s share price reached a new 52-week high on Thursday . The company traded as high as C$3.42 and last traded at C$3.42, with a volume of 131810 shares trading hands. The stock had previously closed at C$3.33.
Analyst Upgrades and Downgrades
A number of research firms recently commented on ESI. BMO Capital Markets lifted their price target on shares of Ensign Energy Services from C$3.25 to C$3.50 in a report on Monday, November 4th. TD Securities lowered their target price on Ensign Energy Services from C$3.50 to C$3.25 and set a "buy" rating on the stock in a research note on Tuesday, October 8th. Finally, ATB Capital increased their price target on Ensign Energy Services from C$4.50 to C$5.50 in a research note on Tuesday, December 10th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of C$3.71.
Check Out Our Latest Analysis on ESI
Ensign Energy Services Stock Up 1.5 %
The stock has a market capitalization of C$620.80 million, a P/E ratio of 28.17, a price-to-earnings-growth ratio of 202.94 and a beta of 3.05. 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 stock has a fifty day moving average price of C$2.95 and a 200 day moving average price of C$2.62.
Insider Buying and Selling at Ensign Energy Services
In related news, Senior Officer Brent John Conway sold 35,000 shares of the stock in a transaction 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. Also, Senior Officer Robert Harold Geddes sold 25,000 shares of the business's stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of C$3.00, for a total value of C$75,000.00. Insiders purchased 74,593 shares of company stock valued at $216,539 in the last quarter. 44.90% of the stock is currently owned by corporate insiders.
About Ensign Energy Services
(
Get Free Report)
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.
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