Ensign Energy Services Inc. (TSE:ESI) Senior Officer Brent John Conway Sells 35,000 Shares

Ensign Energy Services Inc. (TSE:ESI) Senior Officer Brent John Conway sold 35,000 shares of Ensign Energy Services stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of C$2.86, for a total value of C$100,100.00.

Ensign Energy Services Stock Performance

Ensign Energy Services stock opened at C$2.74 on Thursday. Ensign Energy Services Inc. has a 12-month low of C$1.94 and a 12-month high of C$3.19. The company has a quick ratio of 1.30, a current ratio of 0.97 and a debt-to-equity ratio of 87.50. The business’s 50-day moving average price is C$2.84 and its two-hundred day moving average price is C$2.53. The stock has a market cap of C$503.26 million, a PE ratio of 22.83, a P/E/G ratio of 202.94 and a beta of 3.05.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. TD Securities dropped their target price on Ensign Energy Services from C$3.50 to C$3.25 and set a “buy” rating for the company in a report on Tuesday, October 8th. BMO Capital Markets lifted their target price on Ensign Energy Services from C$3.25 to C$3.50 in a report on Monday, November 4th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average 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.