Insider Selling: Enerflex Ltd. (TSE:EFX) Senior Officer Sells 10,130 Shares of Stock

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

Enerflex Stock Performance

EFX stock traded up C$0.03 during trading on Monday, hitting C$10.75. The company had a trading volume of 232,638 shares, compared to its average volume of 538,932. The firm has a 50-day moving average price of C$9.99 and a 200-day moving average price of C$11.53. The company has a quick ratio of 1.20, a current ratio of 1.19 and a debt-to-equity ratio of 81.27. The firm has a market cap of C$1.34 billion, a PE ratio of -11.68 and a beta of 1.71. Enerflex Ltd. has a 1-year low of C$6.96 and a 1-year high of C$15.22.

Enerflex Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Tuesday, June 3rd were issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 1.40%. The ex-dividend date of this dividend was Wednesday, May 21st. Enerflex's payout ratio is -10.86%.

Analyst Ratings Changes

A number of research analysts recently issued reports on EFX shares. TD Securities dropped their price target on Enerflex from C$17.00 to C$15.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. BMO Capital Markets lowered their target price on shares of Enerflex from C$15.00 to C$14.00 in a research report on Thursday, April 17th. Finally, ATB Capital reduced their price target on shares of 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.

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.