Enerflex Ltd. (TSE:EFX - Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$11.07 and traded as high as C$11.62. Enerflex shares last traded at C$11.55, with a volume of 301,125 shares changing hands.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on the stock. TD Securities reduced their price target on shares of Enerflex from C$17.00 to C$15.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. ATB Capital reduced their price objective 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. Finally, BMO Capital Markets reduced their price objective on shares of Enerflex from C$15.00 to C$14.00 in a research report on Thursday, April 17th.
View Our Latest Stock Analysis on EFX
Enerflex Price Performance
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's fifty day moving average is C$10.68 and its 200-day moving average is C$11.05. The stock has a market cap of C$1.33 billion, a PE ratio of -11.65 and a beta of 1.71.
Enerflex Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Tuesday, June 3rd were paid a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Wednesday, May 21st. Enerflex's dividend payout ratio (DPR) is -10.86%.
Insiders Place Their Bets
In other Enerflex news, Senior Officer Gregory Dean Stewart sold 10,130 shares of the stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of C$10.80, for a total transaction of C$109,437.43. 0.49% of the stock is currently owned by company insiders.
About Enerflex
(
Get Free Report)
Enerflex Ltd engineers, designs, manufactures and provides aftermarket support for equipment, systems, and turnkey facilities used to process and move natural gas from the wellhead to the pipeline. The company's focus is gas compression, where it offers a range of applications and gas inlet streams, from low-horsepower/low-pressure applications such as a coal seam gas and solution gas vapor recovery units to high-horsepower, centralized field, or processing plant compression.
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