Shares of Ensign Energy Services Inc. (TSE:ESI) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.94 and traded as high as C$1.25. Ensign Energy Services shares last traded at C$1.23, with a volume of 568,045 shares traded.
Several equities analysts recently commented on the stock. BMO Capital Markets upped their price target on shares of Ensign Energy Services from C$1.25 to C$1.50 in a research report on Monday, March 8th. Atb Cap Markets raised shares of Ensign Energy Services from a “sector perform” rating to an “outperform” rating in a research report on Monday. Royal Bank of Canada increased their price objective on shares of Ensign Energy Services from C$1.50 to C$1.75 and gave the stock a “sector perform” rating in a research report on Monday, March 8th. Stifel Firstegy upgraded shares of Ensign Energy Services from a “sell” rating to a “hold” rating in a research note on Thursday, January 7th. Finally, TD Securities increased their price objective on shares of Ensign Energy Services from C$1.35 to C$1.50 in a research note on Monday, March 8th. Eight analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Ensign Energy Services presently has an average rating of “Hold” and an average target price of C$1.15.
The company has a debt-to-equity ratio of 102.12, a quick ratio of 1.28 and a current ratio of 1.61. The stock’s fifty day moving average is C$1.27 and its two-hundred day moving average is C$0.95. The firm has a market cap of C$199.01 million and a price-to-earnings ratio of -2.51.
Ensign Energy Services Company Profile (TSE:ESI)
Ensign Energy Services Inc, together with its subsidiaries, provides oilfield services to the oil and natural gas industry 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 other services.
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