Ensign Energy Services Inc. (TSE:ESI) Director Acquires C$22,320.00 in Stock

Ensign Energy Services Inc. (TSE:ESI) Director Cary A. Moomjian Jr. purchased 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 13th. The stock was bought at an average price of C$2.23 per share, with a total value of C$22,320.00.

Cary A. Moomjian Jr. also recently made the following trade(s):

• On Monday, February 3rd, Cary A. Moomjian Jr. purchased 10,000 shares of Ensign Energy Services stock. The stock was bought at an average price of C$2.97 per share, with a total value of C$29,694.00.

Ensign Energy Services Stock Up 1.8 %

ESI opened at C$2.29 on Friday. Ensign Energy Services Inc. has a fifty-two week low of C$2.06 and a fifty-two week high of C$3.52. The business has a 50-day moving average of C$2.97 and a 200-day moving average of C$2.82. The company has a debt-to-equity ratio of 84.02, a current ratio of 0.98 and a quick ratio of 1.30. The company 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.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. ATB Capital increased their price objective on Ensign Energy Services from C$4.50 to C$5.50 in a research note on Tuesday, December 10th. BMO Capital Markets reduced their price objective on Ensign Energy Services from C$4.25 to C$3.50 in a research note on Monday, March 10th. Finally, TD Securities reduced 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 research note on Monday, March 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.