Ensign Energy Services (TSE:ESI) Share Price Crosses Above Two Hundred Day Moving Average of $2.40

Ensign Energy Services Inc. (TSE:ESI) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$2.40 and traded as high as C$2.59. Ensign Energy Services shares last traded at C$2.55, with a volume of 144,664 shares.

Ensign Energy Services Trading Up 0.8 %

The company has a current ratio of 0.97, a quick ratio of 1.30 and a debt-to-equity ratio of 87.50. The company has a fifty day moving average of C$2.42 and a two-hundred day moving average of C$2.41. The stock has a market capitalization of C$468.36 million, a price-to-earnings ratio of 23.27, a price-to-earnings-growth ratio of 202.94 and a beta of 3.05.

Ensign Energy Services (TSE:ESI) last announced its quarterly earnings data on Friday, August 2nd. The company reported C($0.02) EPS for the quarter, beating analysts’ consensus estimates of C($0.04) by C$0.02. The business had revenue of C$391.79 million during the quarter, compared to analyst estimates of C$387.80 million. Ensign Energy Services had a net margin of 1.23% and a return on equity of 1.63%. On average, research analysts expect that Ensign Energy Services Inc. will post 0.2950423 EPS for the current year.

Insider Activity

In other Ensign Energy Services news, Senior Officer Michael Gray purchased 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 7th. The stock was purchased at an average price of C$2.24 per share, with a total value of C$33,630.00. 26.80% of the stock is owned by company insiders.

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.