Ensign Energy Services (OTCMKTS:ESVIF) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

Ensign Energy Services Inc. (OTCMKTS:ESVIFGet Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $2.02 and traded as low as $1.60. Ensign Energy Services shares last traded at $1.65, with a volume of 21,854 shares changing hands.

Analyst Upgrades and Downgrades

Separately, TD Securities lowered shares of Ensign Energy Services to a “hold” rating in a report on Monday, February 3rd.

Get Our Latest Analysis on Ensign Energy Services

Ensign Energy Services Stock Down 2.4 %

The business’s fifty day moving average is $1.99 and its 200-day moving average is $2.02.

About Ensign Energy Services

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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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