Ensign Energy Services Inc. (TSE:ESI) Senior Officer Sells C$75,000.00 in Stock

Ensign Energy Services Inc. (TSE:ESI) Senior Officer Robert Harold Geddes sold 25,000 shares of Ensign Energy Services stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of C$3.00, for a total value of C$75,000.00.

Ensign Energy Services Stock Performance

Ensign Energy Services stock remained flat at C$3.03 during mid-day trading on Tuesday. The company had a trading volume of 185,612 shares, compared to its average volume of 240,025. The firm’s 50 day moving average is C$2.64 and its 200-day moving average is C$2.46. The company has a debt-to-equity ratio of 87.50, a current ratio of 0.97 and a quick ratio of 1.30. The firm has a market cap of C$556.52 million, a PE ratio of 25.25, a PEG ratio of 202.94 and a beta of 3.05. Ensign Energy Services Inc. has a fifty-two week low of C$1.94 and a fifty-two week high of C$3.06.

Ensign Energy Services (TSE:ESI) last released its earnings results on Friday, August 2nd. The company reported C($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C($0.04) by C$0.02. Ensign Energy Services had a net margin of 1.23% and a return on equity of 1.63%. The company had revenue of C$391.79 million for the quarter, compared to the consensus estimate of C$387.80 million. Sell-side analysts expect that Ensign Energy Services Inc. will post 0.2901354 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ESI. BMO Capital Markets lifted their price target on Ensign Energy Services from C$3.25 to C$3.50 in a report on Monday. TD Securities dropped their target price on shares of Ensign Energy Services from C$3.50 to C$3.25 and set a “buy” rating for the company in a research note on Tuesday, October 8th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Ensign Energy Services currently has an average rating of “Moderate Buy” and a consensus price target of C$3.63.

About Ensign Energy Services

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.