Enerflex Ltd. (TSE:EFX) Director Acquires C$10,918.00 in Stock

Enerflex Ltd. (TSE:EFX) Director Joanne Linette Cox bought 1,000 shares of the firm’s stock in a transaction that occurred on Friday, March 21st. The stock was bought at an average price of C$10.92 per share, with a total value of C$10,918.00.

Enerflex Stock Performance

Shares of Enerflex stock opened at C$11.25 on Tuesday. The company has a quick ratio of 1.20, a current ratio of 1.19 and a debt-to-equity ratio of 81.27. Enerflex Ltd. has a 52 week low of C$6.30 and a 52 week high of C$15.22. The firm’s 50 day moving average is C$12.63 and its two-hundred day moving average is C$11.49. The firm has a market capitalization of C$1.40 billion, a P/E ratio of -12.22 and a beta of 1.71.

Enerflex Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Monday, March 24th were given a $0.0375 dividend. The ex-dividend date was Monday, March 10th. This represents a $0.15 dividend on an annualized basis and a yield of 1.33%. Enerflex’s dividend payout ratio (DPR) is presently -10.86%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Raymond James lifted their price objective on Enerflex from C$17.00 to C$17.75 in a research note on Friday, February 28th. National Bankshares lifted their price target on shares of Enerflex from C$11.00 to C$16.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 19th. Finally, ATB Capital increased their price objective on shares of Enerflex from C$15.00 to C$17.00 in a research report on Tuesday, December 10th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, Enerflex currently has an average rating of “Hold” and an average target price of C$13.97.

Enerflex Company Profile

Enerflex Ltd. offers energy infrastructure and energy transition solutions to natural gas markets in North America, Latin America, and the Eastern Hemisphere. The company provides natural gas compression infrastructure, processing, and treated water infrastructure under contract to oil and natural gas customers; power generation rental solutions; custom and standard compression packages for reciprocating and screw compressor applications; re-engineering, re-configuration, and re-packaging of compressors for various field applications; integrated turnkey power generation, gas compression, processing facilities, natural gas compression, processing, and electric power solutions; after-market mechanical services and parts distribution, as well as maintenance solutions to the oil and natural gas industry, operations, and overhaul services; and equipment supply, parts supply, and general asset management.