Enerflex Ltd. (TSE:EFX) Senior Officer Sells C$109,437.43 in Stock

Enerflex Ltd. (TSE:EFX - Get Free Report) Senior Officer Gregory Dean Stewart sold 10,130 shares of the business's stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of C$10.80, for a total value of C$109,437.43.

Enerflex Price Performance

TSE:EFX traded down C$0.14 during trading hours on Friday, hitting C$10.72. The company's stock had a trading volume of 631,234 shares, compared to its average volume of 541,402. Enerflex Ltd. has a twelve month low of C$6.96 and a twelve month high of C$15.22. The company has a debt-to-equity ratio of 81.27, a current ratio of 1.19 and a quick ratio of 1.20. The stock has a fifty day simple moving average of C$9.92 and a 200-day simple moving average of C$11.60. The company has a market capitalization of C$1.33 billion, a P/E ratio of -11.65 and a beta of 1.71.

Enerflex Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 3rd. Investors of record on Tuesday, June 3rd were issued a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a dividend yield of 1.40%. The ex-dividend date was Wednesday, May 21st. Enerflex's dividend payout ratio (DPR) is presently -10.86%.

Analyst Ratings Changes

EFX has been the subject of a number of recent analyst reports. ATB Capital cut their target price on Enerflex from C$18.00 to C$16.50 and set an "outperform" rating for the company in a research report on Monday, May 5th. Raymond James Financial upped their price objective on shares of Enerflex from C$17.00 to C$17.75 in a research report on Friday, February 28th. BMO Capital Markets dropped their target price on shares of Enerflex from C$15.00 to C$14.00 in a research report on Thursday, April 17th. Finally, TD Securities reduced their price target on shares of Enerflex from C$17.00 to C$15.00 and set a "buy" rating on the stock in a research report on Wednesday, April 16th.

About Enerflex

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.

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