Enerflex Ltd. (TSE:EFX) Senior Officer Joseph Paul John Ladouceur Buys 3,000 Shares

Enerflex Ltd. (TSE:EFX) Senior Officer Joseph Paul John Ladouceur bought 3,000 shares of the business’s stock in a transaction on Wednesday, March 26th. The shares were acquired at an average cost of C$11.41 per share, for a total transaction of C$34,233.00.

Enerflex Price Performance

TSE EFX remained flat at C$10.94 on Friday. 83,949 shares of the company’s stock traded hands, compared to its average volume of 542,825. The business has a 50-day moving average of C$12.42 and a two-hundred day moving average of C$11.51. The company has a market capitalization of C$1.36 billion, a PE ratio of -11.88 and a beta of 1.71. The company has a debt-to-equity ratio of 81.27, a quick ratio of 1.20 and a current ratio of 1.19. Enerflex Ltd. has a fifty-two week low of C$6.30 and a fifty-two week high of C$15.22.

Enerflex Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Monday, March 24th were paid a dividend of $0.0375 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.15 annualized dividend and a yield of 1.37%. Enerflex’s dividend payout ratio (DPR) is -10.86%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on EFX shares. ATB Capital boosted their price objective on shares of Enerflex from C$15.00 to C$17.00 in a research note on Tuesday, December 10th. National Bankshares boosted their price target on Enerflex from C$11.00 to C$16.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 19th. Finally, Raymond James upped their price objective on Enerflex from C$17.00 to C$17.75 in a research note on Friday, February 28th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of C$13.97.

Enerflex Company Profile

Enerflex Ltd. offers energy infrastructure and energy transition solutions to natural gas markets in North America, Latin America, and the Eastern Hemisphere. The company provides natural gas compression infrastructure, processing, and treated water infrastructure under contract to oil and natural gas customers; power generation rental solutions; custom and standard compression packages for reciprocating and screw compressor applications; re-engineering, re-configuration, and re-packaging of compressors for various field applications; integrated turnkey power generation, gas compression, processing facilities, natural gas compression, processing, and electric power solutions; after-market mechanical services and parts distribution, as well as maintenance solutions to the oil and natural gas industry, operations, and overhaul services; and equipment supply, parts supply, and general asset management.