Robert Harold Geddes Purchases 50,000 Shares of Ensign Energy Services Inc. (TSE:ESI) Stock

Ensign Energy Services Inc. (TSE:ESI) Senior Officer Robert Harold Geddes acquired 50,000 shares of Ensign Energy Services stock in a transaction dated Thursday, April 3rd. The stock was purchased at an average cost of C$2.17 per share, for a total transaction of C$108,500.00.

Ensign Energy Services Price Performance

Shares of Ensign Energy Services stock traded down C$0.20 on Thursday, reaching C$2.16. The stock had a trading volume of 231,030 shares, compared to its average volume of 258,877. The business’s 50 day moving average is C$2.72 and its two-hundred day moving average is C$2.82. The company has a current ratio of 0.98, a quick ratio of 1.30 and a debt-to-equity ratio of 84.02. The company has a market cap of C$398.94 million, a P/E ratio of 12.63, a price-to-earnings-growth ratio of 202.94 and a beta of 3.05. Ensign Energy Services Inc. has a 1 year low of C$2.06 and a 1 year high of C$3.52.

Wall Street Analyst Weigh In

ESI has been the subject of several recent research reports. TD Securities decreased their price objective on Ensign Energy Services from C$3.00 to C$2.75 and set a “hold” rating for the company in a report on Monday, March 10th. BMO Capital Markets cut their target price on Ensign Energy Services from C$4.25 to C$3.50 in a research report on Monday, March 10th. Finally, ATB Capital increased their price target on Ensign Energy Services from C$4.50 to C$5.50 in a research report on Tuesday, December 10th.

Ensign Energy Services Company Profile

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.