Shares of Ensign Energy Services Inc. (TSE:ESI - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.56 and traded as high as C$2.83. Ensign Energy Services shares last traded at C$2.83, with a volume of 149,428 shares trading hands.
Analyst Upgrades and Downgrades
Several research firms have recently commented on ESI. BMO Capital Markets upped their price target on shares of Ensign Energy Services from C$3.25 to C$3.50 in a research report on Monday, November 4th. ATB Capital raised their target price on Ensign Energy Services from C$4.50 to C$5.50 in a research report on Tuesday, December 10th. Finally, TD Securities reduced 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 research report on Tuesday, October 8th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, Ensign Energy Services presently has a consensus rating of "Moderate Buy" and an average target price of C$3.71.
Read Our Latest Research Report on ESI
Ensign Energy Services Stock Up 0.7 %
The stock has a 50 day moving average price of C$2.90 and a 200 day moving average price of C$2.57. The company has a market cap of C$523.46 million, a P/E ratio of 23.75, a P/E/G ratio of 202.94 and a beta of 3.05. The company has a debt-to-equity ratio of 87.50, a quick ratio of 1.30 and a current ratio of 0.97.
Insider Activity
In other news, Senior Officer Robert Harold Geddes sold 25,000 shares of the company's stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of C$3.00, for a total transaction of C$75,000.00. Also, Director Donna Jeanne Carson purchased 17,443 shares of the company's stock in a transaction that occurred on Wednesday, October 16th. The stock was bought at an average cost of C$2.87 per share, for a total transaction of C$50,061.41. In the last quarter, insiders acquired 74,593 shares of company stock worth $216,539. Corporate insiders own 44.90% of the company's stock.
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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