Enterprise Group (TSE:E) Shares Pass Above 200-Day Moving Average – Here’s Why

Enterprise Group, Inc. (TSE:E)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.34 and traded as high as C$1.70. Enterprise Group shares last traded at C$1.64, with a volume of 86,103 shares traded.

Enterprise Group Trading Down 1.2%

The company has a current ratio of 3.31, a quick ratio of 3.18 and a debt-to-equity ratio of 32.34. The company has a fifty day simple moving average of C$1.46 and a 200-day simple moving average of C$1.34. The company has a market capitalization of C$133.19 million, a PE ratio of 54.67 and a beta of 0.93.

Enterprise Group (TSE:E) last issued its earnings results on Thursday, May 14th. The company reported C$0.03 earnings per share (EPS) for the quarter. The business had revenue of C$12.00 million during the quarter. Enterprise Group had a return on equity of 3.39% and a net margin of 7.79%. Analysts predict that Enterprise Group, Inc. will post 0.203 EPS for the current year.

About Enterprise Group

Enterprise Group, Inc is a consolidator of services-including specialized equipment rental to the energy/resource sector. The Company works with particular emphasis on systems and technologies that mitigate, reduce, or eliminate CO2 and Greenhouse Gas and other harmful emissions for itself and its clients. The Company is well known to local Tier One and international resource companies with operations in Western Canada.