Ensign Energy Services (TSE:ESI - Free Report) had its price objective reduced by TD Securities from C$3.00 to C$2.75 in a research report sent to investors on Monday,BayStreet.CA reports. They currently have a hold rating on the stock.
Other analysts have also recently issued research reports about the company. BMO Capital Markets lowered their price target on Ensign Energy Services from C$4.25 to C$3.50 in a report on Monday. ATB Capital increased their price objective on Ensign Energy Services from C$4.50 to C$5.50 in a research report on Tuesday, December 10th.
Check Out Our Latest Report on Ensign Energy Services
Ensign Energy Services Stock Performance
Shares of ESI stock traded up C$0.07 on Monday, hitting C$2.32. 71,137 shares of the stock were exchanged, compared to its average volume of 288,108. The firm's 50 day moving average is C$2.99 and its two-hundred day moving average is C$2.82. Ensign Energy Services has a one year low of C$2.06 and a one year high of C$3.52. The firm has a market capitalization of C$428.49 million, a PE ratio of 13.56, a P/E/G ratio of 202.94 and a beta of 3.05. The company has a current ratio of 0.98, a quick ratio of 1.30 and a debt-to-equity ratio of 84.02.
Insider Buying and Selling
In other Ensign Energy Services news, Director Cary A. Moomjian Jr. acquired 10,000 shares of the business's stock in a transaction dated Monday, February 3rd. The shares were purchased at an average cost of C$2.97 per share, for a total transaction of C$29,694.00. 44.90% of the stock is owned by corporate insiders.
Ensign Energy Services Company Profile
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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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