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Enterprise Group (TSE:E) Share Price Passes Below 200 Day Moving Average - What's Next?

Enterprise Group logo with Energy background

Enterprise Group, Inc. (TSE:E - Get Free Report) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$1.87 and traded as low as C$1.65. Enterprise Group shares last traded at C$1.68, with a volume of 145,051 shares traded.

Wall Street Analysts Forecast Growth

A number of research firms have commented on E. Fundamental Research set a C$2.58 price target on Enterprise Group and gave the company a "buy" rating in a research note on Wednesday. Acumen Capital dropped their price objective on Enterprise Group from C$2.80 to C$2.40 and set a "buy" rating on the stock in a report on Friday, March 21st. Finally, Raymond James dropped their price objective on Enterprise Group from C$3.75 to C$3.00 and set an "outperform" rating on the stock in a report on Friday, March 21st.

Check Out Our Latest Research Report on Enterprise Group

Enterprise Group Stock Performance

The firm has a fifty day moving average of C$1.43 and a 200-day moving average of C$1.86. The stock has a market capitalization of C$127.82 million, a price-to-earnings ratio of 16.17 and a beta of 1.18. The company has a quick ratio of 3.18, a current ratio of 3.85 and a debt-to-equity ratio of 51.73.

Enterprise Group Company Profile

(Get Free Report)

Enterprise Group Inc is an equipment rental and construction services company operating in the energy and construction industries. Its focus is specialty equipment rentals. The company has a fleet of trucks and heavy equipment to provide rental services for heavy equipment, flameless heating units and oilfield site service infrastructure throughout Western Canada.

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