Enerflex Ltd. (TSE:EFX) Senior Officer Joseph Paul John Ladouceur Purchases 3,000 Shares of Stock

Enerflex Ltd. (TSE:EFX) Senior Officer Joseph Paul John Ladouceur purchased 3,000 shares of the company’s stock in a transaction on Wednesday, March 26th. The shares were purchased at an average cost of C$11.41 per share, with a total value of C$34,233.00.

Enerflex Stock Performance

Shares of EFX stock opened at C$10.98 on Friday. The company has a market capitalization of C$1.37 billion, a P/E ratio of -11.93 and a beta of 1.71. Enerflex Ltd. has a fifty-two week low of C$6.30 and a fifty-two week high of C$15.22. The company has a debt-to-equity ratio of 81.27, a quick ratio of 1.20 and a current ratio of 1.19. The stock has a 50 day moving average price of C$12.34 and a two-hundred day moving average price of C$11.53.

Enerflex Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Monday, March 24th were issued a dividend of $0.0375 per share. The ex-dividend date was Monday, March 10th. This represents a $0.15 dividend on an annualized basis and a yield of 1.37%. Enerflex’s dividend payout ratio is currently -10.86%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on EFX. ATB Capital boosted their target price on Enerflex from C$15.00 to C$17.00 in a research report on Tuesday, December 10th. National Bankshares boosted their price objective on shares of Enerflex from C$11.00 to C$16.00 and gave the stock a “sector perform” rating in a report on Thursday, December 19th. Finally, Raymond James increased their target price on shares of Enerflex from C$17.00 to C$17.75 in a report on Friday, February 28th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of C$13.97.

About Enerflex

Enerflex Ltd. offers energy infrastructure and energy transition solutions to natural gas markets in North America, Latin America, and the Eastern Hemisphere. The company provides natural gas compression infrastructure, processing, and treated water infrastructure under contract to oil and natural gas customers; power generation rental solutions; custom and standard compression packages for reciprocating and screw compressor applications; re-engineering, re-configuration, and re-packaging of compressors for various field applications; integrated turnkey power generation, gas compression, processing facilities, natural gas compression, processing, and electric power solutions; after-market mechanical services and parts distribution, as well as maintenance solutions to the oil and natural gas industry, operations, and overhaul services; and equipment supply, parts supply, and general asset management.