Free Trial

Enterprise Group (TSE:E) Stock Price Passes Below Two Hundred Day Moving Average - Here's Why

Enterprise Group logo with Energy background
Remove Ads

Enterprise Group, Inc. (TSE:E - Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.06 and traded as low as C$1.30. Enterprise Group shares last traded at C$1.39, with a volume of 581,690 shares traded.

Wall Street Analyst Weigh In

E has been the topic of several analyst reports. Raymond James dropped their target price on shares of Enterprise Group from C$3.75 to C$3.00 and set an "outperform" rating on the stock in a research report on Friday, March 21st. Fundamental Research set a C$2.30 price objective on shares of Enterprise Group and gave the stock a "buy" rating in a research report on Tuesday. Finally, Acumen Capital reduced their target price on Enterprise Group from C$2.80 to C$2.40 and set a "buy" rating for the company in a report on Friday, March 21st.

View Our Latest Report on E

Enterprise Group Stock Performance

The firm has a market cap of C$91.63 million, a price-to-earnings ratio of 11.59 and a beta of 1.18. The firm's 50 day moving average is C$1.98 and its 200-day moving average is C$2.04. The company has a debt-to-equity ratio of 51.73, a quick ratio of 3.18 and a current ratio of 3.85.

About Enterprise Group

(Get Free Report)

Enterprise Group, Inc, through its subsidiaries, operates as an equipment rental and construction services company in Canada. The company engages in the specialty equipment rental business. It also rents flameless heaters to the construction, and oil and gas industries. In addition, the company offers oilfield infrastructure site and rental services, including modular/combo equipment, such as fuel, generator, light stand, sewage treatment, medic security, and truck trailer combos.

See Also

Should You Invest $1,000 in Enterprise Group Right Now?

Before you consider Enterprise Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Enterprise Group wasn't on the list.

While Enterprise Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

These Are the 3 Stocks Most Likely to SPLIT in 2025

These Are the 3 Stocks Most Likely to SPLIT in 2025

MarketBeat analyst Thomas Hughes breaks down why companies split their stock and reveals his top three picks most likely to split next year.

Related Videos

Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
Elon Musk’s First 100 Days of DOGE: 3 AI Stocks Ready to Soar
5 Stocks to BUY NOW in February 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads