Juan Carlos Villegas Buys 1,800 Shares of Enerflex Ltd. (TSE:EFX) Stock

Enerflex Ltd. (TSE:EFX) Director Juan Carlos Villegas acquired 1,800 shares of the company’s stock in a transaction on Friday, March 28th. The stock was acquired at an average price of C$10.83 per share, with a total value of C$19,494.00.

Enerflex Trading Up 0.4 %

Shares of TSE EFX opened at C$10.98 on Friday. The firm’s 50 day moving average price is C$12.34 and its 200-day moving average price is C$11.56. The company has a debt-to-equity ratio of 81.27, a quick ratio of 1.20 and a current ratio of 1.19. Enerflex Ltd. has a 52-week low of C$6.30 and a 52-week high of C$15.22. The company has a market cap of C$1.37 billion, a PE ratio of -11.93 and a beta of 1.71.

Enerflex Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on EFX shares. ATB Capital raised their target price on shares of Enerflex from C$15.00 to C$17.00 in a research report on Tuesday, December 10th. Raymond James lifted their price target on shares of Enerflex from C$17.00 to C$17.75 in a research report on Friday, February 28th. Finally, National Bankshares upped 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. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, Enerflex has an average rating of “Hold” and a consensus target price of C$13.97.

Enerflex Company Profile

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.