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Enterprise Group (TSE:E) Shares Pass Below 200-Day Moving Average - What's Next?

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Enterprise Group, Inc. (TSE:E - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$2.04 and traded as low as C$1.83. Enterprise Group shares last traded at C$1.89, with a volume of 332,859 shares changing hands.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on E. Raymond James raised shares of Enterprise Group to a "moderate buy" rating in a research report on Wednesday, February 5th. Fundamental Research set a C$2.75 price objective on shares of Enterprise Group and gave the stock a "buy" rating in a research report on Tuesday, December 10th.

Read Our Latest Report on Enterprise Group

Enterprise Group Stock Performance

The company has a debt-to-equity ratio of 51.73, a quick ratio of 3.18 and a current ratio of 3.85. The firm's 50 day simple moving average is C$2.24 and its 200 day simple moving average is C$2.05. The firm has a market capitalization of C$140.14 million, a price-to-earnings ratio of 17.73 and a beta of 1.18.

Enterprise Group Company Profile

(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.

Further Reading

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