Ensign Energy Services Inc. (TSE:ESI) Senior Officer Acquires C$49,370.00 in Stock

Ensign Energy Services Inc. (TSE:ESI - Get Free Report) Senior Officer Michael Gray purchased 25,000 shares of the company's stock in a transaction on Tuesday, May 27th. The stock was acquired at an average cost of C$1.97 per share, for a total transaction of C$49,370.00.

Ensign Energy Services Price Performance

Shares of ESI stock remained flat at C$2.00 on Friday. The stock had a trading volume of 55,162 shares, compared to its average volume of 228,624. The firm's 50 day moving average price is C$1.99 and its 200 day moving average price is C$2.59. The company has a market capitalization of C$369.39 million, a PE ratio of 11.69, a PEG ratio of 202.94 and a beta of 3.05. The company has a current ratio of 0.98, a quick ratio of 1.30 and a debt-to-equity ratio of 84.02. Ensign Energy Services Inc. has a 12 month low of C$1.73 and a 12 month high of C$3.52.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. CIBC decreased their price objective on Ensign Energy Services from C$3.75 to C$3.25 in a report on Thursday, April 10th. TD Securities cut their price objective on Ensign Energy Services from C$2.75 to C$2.25 and set a "hold" rating for the company in a research report on Wednesday, April 16th. Royal Bank of Canada cut their price objective on Ensign Energy Services from C$3.50 to C$2.50 and set an "outperform" rating for the company in a research report on Thursday, April 17th. BMO Capital Markets cut their price objective on Ensign Energy Services from C$3.50 to C$3.00 in a research report on Thursday, April 17th. Finally, Atb Cap Markets downgraded Ensign Energy Services from a "strong-buy" rating to a "hold" rating in a research report on Thursday, April 10th.

Ensign Energy Services Company Profile

Ensign Energy Services Inc, together with its subsidiaries, provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. The company offers shallow, intermediate, and deep well drilling, as well as specialized drilling services, including horizontal, underbalanced, horizontal re-entry, and slant drilling for steam assisted gravity drainage applications; and equipment and services.