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

Ensign Energy Services Inc. (OTCMKTS:ESVIFGet Free Report)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $2.14 and traded as low as $1.66. Ensign Energy Services shares last traded at $1.70, with a volume of 94,850 shares traded.

Analyst Upgrades and Downgrades

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

View Our Latest Stock Report on Ensign Energy Services

Ensign Energy Services Price Performance

The stock’s 50-day simple moving average is $2.14 and its 200-day simple moving average is $2.05.

About Ensign Energy Services

(Get Free Report)

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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