Enerflex Ltd. (TSE:EFX) Director Joanne Linette Cox Buys 1,000 Shares

Enerflex Ltd. (TSE:EFX - Get Free Report) Director Joanne Linette Cox acquired 1,000 shares of the company's stock in a transaction on Friday, March 21st. The stock was acquired at an average price of C$10.92 per share, for a total transaction of C$10,918.00.

Enerflex Price Performance

Shares of EFX stock traded up C$0.17 during trading hours on Tuesday, reaching C$11.42. The company's stock had a trading volume of 320,508 shares, compared to its average volume of 558,615. The firm's 50 day simple moving average is C$12.56 and its 200-day simple moving average is C$11.51. The company has a market capitalization of C$1.42 billion, a price-to-earnings ratio of -12.41 and a beta of 1.71. The company has a quick ratio of 1.20, a current ratio of 1.19 and a debt-to-equity ratio of 81.27. Enerflex Ltd. has a fifty-two week low of C$6.30 and a fifty-two week high of C$15.22.

Enerflex Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 24th were given a $0.0375 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.15 dividend on an annualized basis and a yield of 1.31%. Enerflex's dividend payout ratio is currently -10.86%.

Wall Street Analysts Forecast Growth

EFX has been the topic of several research reports. ATB Capital upped their price objective on shares of Enerflex from C$15.00 to C$17.00 in a report on Tuesday, December 10th. National Bankshares lifted their price target on Enerflex from C$11.00 to C$16.00 and gave the stock a "sector perform" rating in a report on Thursday, December 19th. Finally, Raymond James boosted their price objective on shares of Enerflex from C$17.00 to C$17.75 in a report on Friday, February 28th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of C$13.97.

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Enerflex Company Profile

Enerflex Ltd. offers energy infrastructure and energy transition solutions to natural gas markets in North America, Latin America, and the Eastern Hemisphere. The company provides natural gas compression infrastructure, processing, and treated water infrastructure under contract to oil and natural gas customers; power generation rental solutions; custom and standard compression packages for reciprocating and screw compressor applications; re-engineering, re-configuration, and re-packaging of compressors for various field applications; integrated turnkey power generation, gas compression, processing facilities, natural gas compression, processing, and electric power solutions; after-market mechanical services and parts distribution, as well as maintenance solutions to the oil and natural gas industry, operations, and overhaul services; and equipment supply, parts supply, and general asset management.