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Enterprise Group (TSE:E) Stock Price Crosses Below 200-Day Moving Average - Here's What Happened

Enterprise Group logo with Energy background

Enterprise Group, Inc. (TSE:E - Get Free Report)'s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.83 and traded as low as C$1.64. Enterprise Group shares last traded at C$1.69, with a volume of 107,077 shares trading hands.

Analyst Upgrades and Downgrades

E has been the subject of several research reports. Acumen Capital dropped their target price on shares of Enterprise Group from C$2.80 to C$2.40 and set a "buy" rating for the company in a report on Friday, March 21st. Fundamental Research set a C$2.58 price target on Enterprise Group and gave the stock a "buy" rating in a research report on Wednesday, May 21st. Finally, Raymond James Financial dropped their price objective on Enterprise Group from C$3.75 to C$3.00 and set an "outperform" rating for the company in a research note on Friday, March 21st.

Read Our Latest Stock Report on Enterprise Group

Enterprise Group Price Performance

The stock has a fifty day simple moving average of C$1.53 and a 200-day simple moving average of C$1.82. The company has a market capitalization of C$133.21 million, a PE ratio of 16.85 and a beta of 1.18. The company has a current ratio of 3.85, a quick ratio of 3.18 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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