TD Securities Cuts Ensign Energy Services (TSE:ESI) Price Target to C$2.75

Ensign Energy Services (TSE:ESI) had its target price cut by TD Securities from C$3.00 to C$2.75 in a report published on Monday morning,BayStreet.CA reports. They currently have a hold rating on the stock.

ESI has been the subject of a number of other reports. BMO Capital Markets dropped their price target on shares of Ensign Energy Services from C$4.25 to C$3.50 in a research report on Monday. ATB Capital lifted their price target on shares of Ensign Energy Services from C$4.50 to C$5.50 in a research note on Tuesday, December 10th.

Ensign Energy Services Trading Up 3.2 %

Ensign Energy Services stock opened at C$2.29 on Monday. The business’s fifty day moving average is C$3.02 and its 200 day moving average is C$2.83. The stock has a market capitalization of C$422.95 million, a PE ratio of 13.39, a price-to-earnings-growth ratio of 202.94 and a beta of 3.05. The company has a debt-to-equity ratio of 84.02, a current ratio of 0.98 and a quick ratio of 1.30. Ensign Energy Services has a one year low of C$2.06 and a one year high of C$3.52.

Insider Transactions at Ensign Energy Services

In related news, Director Cary A. Moomjian Jr. acquired 10,000 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were purchased at an average cost of C$2.97 per share, with a total value of C$29,694.00. Insiders own 44.90% of the company’s stock.

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.