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Ensign Energy Services (TSE:ESI) Stock Price Passes Above 200-Day Moving Average - Here's What Happened

Ensign Energy Services logo with Energy background

Key Points

  • Ensign Energy Services Inc. stock price surpassed its 200-day moving average, reaching as high as C$2.23 before closing at C$2.20.
  • The company's market capitalization stands at C$404.19 million, with a PE ratio of -11.00 and a debt-to-equity ratio of 84.02.
  • Ensign offers a range of services including drilling, well servicing, and production testing, utilizing proprietary automated drilling rigs.
  • MarketBeat previews top five stocks to own in October.

Ensign Energy Services Inc. (TSE:ESI - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$2.18 and traded as high as C$2.23. Ensign Energy Services shares last traded at C$2.20, with a volume of 164,265 shares trading hands.

Ensign Energy Services Stock Up 1.9%

The company has a quick ratio of 1.30, a current ratio of 0.98 and a debt-to-equity ratio of 84.02. The stock has a market cap of C$404.19 million, a PE ratio of -11.00, a price-to-earnings-growth ratio of 202.94 and a beta of 2.28. The firm has a fifty day moving average of C$2.21 and a 200 day moving average of C$2.18.

About Ensign Energy Services

(Get Free Report)

Ensign Energy Services Inc offers services in drilling and well servicing, oil sands coring, directional drilling, underbalanced and managed pressure drilling, equipment rentals, transportation, wireline services, and production testing services. Ensign produces enhanced drilling with the help of its proprietary automated drilling rigs.

Further Reading

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