ENTREC (ENT) Price Target Lowered to C$0.20 at Canaccord Genuity

ENTREC (TSE:ENT) had its price target lowered by Canaccord Genuity from C$0.25 to C$0.20 in a research report sent to investors on Wednesday.

ENTREC stock opened at C$0.18 on Wednesday. ENTREC has a 12-month low of C$0.15 and a 12-month high of C$0.25.

ENTREC (TSE:ENT) last released its earnings results on Tuesday, March 6th. The company reported C($0.02) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C($0.03) by C$0.01. The company had revenue of C$38.80 million during the quarter. ENTREC had a negative net margin of 10.28% and a negative return on equity of 30.42%.

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ENTREC Company Profile

ENTREC Corporation provides heavy haul transportation and crane solutions to the oil and natural gas, construction, petrochemical, mining, and power generation industries. The company operates from 15 locations throughout western Canada, North Dakota, and Texas with a fleet of 200 cranes, 765 multi-wheeled trailers, and 190 tractors, as well as approximately 375 lines of specialized platform trailers.

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