Ensign Energy Services Inc. (TSE:ESI) Senior Officer Buys C$146,160.00 in Stock

Ensign Energy Services Inc. (TSE:ESI) Senior Officer Robert Harold Geddes acquired 50,400 shares of the stock in a transaction dated Tuesday, December 10th. The stock was bought at an average cost of C$2.90 per share, with a total value of C$146,160.00.

Robert Harold Geddes also recently made the following trade(s):

• On Tuesday, November 5th, Robert Harold Geddes sold 25,000 shares of Ensign Energy Services stock. The shares were sold at an average price of C$3.00, for a total value of C$75,000.00.

Ensign Energy Services Price Performance

ESI stock traded down C$0.03 during mid-day trading on Friday, hitting C$2.87. 54,812 shares of the stock were exchanged, compared to its average volume of 236,166. The company has a debt-to-equity ratio of 87.50, a current ratio of 0.97 and a quick ratio of 1.30. The business has a fifty day moving average price of C$2.87 and a 200 day moving average price of C$2.54. Ensign Energy Services Inc. has a 12 month low of C$2.01 and a 12 month high of C$3.19. The stock has a market capitalization of C$527.13 million, a price-to-earnings ratio of 24.17, a PEG ratio of 202.94 and a beta of 3.05.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. BMO Capital Markets increased their price target on Ensign Energy Services from C$3.25 to C$3.50 in a research report on Monday, November 4th. ATB Capital increased their price target on Ensign Energy Services from C$4.50 to C$5.50 in a research report on Tuesday. Finally, TD Securities decreased their target price on Ensign Energy Services from C$3.50 to C$3.25 and set a “buy” rating for the company in a research report on Tuesday, October 8th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Ensign Energy Services presently has a consensus rating of “Moderate Buy” and an average price target of C$3.71.

About Ensign Energy Services

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.