Cary A. Moomjian Jr. Purchases 10,000 Shares of Ensign Energy Services Inc. (TSE:ESI) Stock

Ensign Energy Services Inc. (TSE:ESI) Director Cary A. Moomjian Jr. acquired 10,000 shares of the company’s stock in a transaction on 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.

Ensign Energy Services Price Performance

Shares of ESI opened at C$2.98 on Wednesday. The company has a debt-to-equity ratio of 87.50, a quick ratio of 1.30 and a current ratio of 0.97. The stock has a 50 day simple moving average of C$3.05 and a 200 day simple moving average of C$2.76. Ensign Energy Services Inc. has a 52-week low of C$2.07 and a 52-week high of C$3.52. The firm has a market capitalization of C$547.34 million, a PE ratio of 24.83, a P/E/G ratio of 202.94 and a beta of 3.05.

Analysts Set New Price Targets

Several research firms have recently issued reports on ESI. TD Securities lowered Ensign Energy Services from a “buy” rating to a “hold” rating and decreased their target price for the stock from C$3.25 to C$3.00 in a research report on Monday. ATB Capital boosted their target price on Ensign Energy Services from C$4.50 to C$5.50 in a research report on Tuesday, December 10th. Finally, BMO Capital Markets boosted their target price on Ensign Energy Services from C$3.25 to C$3.50 in a research report on Monday, November 4th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, Ensign Energy Services presently has an average rating of “Hold” and a consensus price target of C$3.67.

About Ensign Energy Services

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.