Enerflex Ltd. (TSE:EFX) Director Juan Carlos Villegas Acquires 1,800 Shares

Enerflex Ltd. (TSE:EFX) Director Juan Carlos Villegas acquired 1,800 shares of the business’s stock in a transaction on Friday, March 28th. The shares were bought at an average price of C$10.83 per share, for a total transaction of C$19,494.00.

Enerflex Stock Up 0.4 %

Enerflex stock opened at C$10.98 on Monday. Enerflex Ltd. has a twelve month low of C$6.30 and a twelve month high of C$15.22. The company has a debt-to-equity ratio of 81.27, a quick ratio of 1.20 and a current ratio of 1.19. The firm has a market cap of C$1.37 billion, a PE ratio of -11.93 and a beta of 1.71. The firm’s 50 day moving average price is C$12.34 and its two-hundred day moving average price is C$11.58.

Enerflex Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 24th were paid a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend was Monday, March 10th. Enerflex’s dividend payout ratio (DPR) is presently -10.86%.

Wall Street Analysts Forecast Growth

EFX has been the topic of a number of recent analyst reports. National Bankshares boosted their price target on shares of Enerflex from C$11.00 to C$16.00 and gave the company a “sector perform” rating in a report on Thursday, December 19th. ATB Capital boosted their target price on shares of Enerflex from C$15.00 to C$17.00 in a research note on Tuesday, December 10th. Finally, Raymond James raised their target price on Enerflex from C$17.00 to C$17.75 in a research report on Friday, February 28th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Enerflex currently has a consensus rating of “Hold” and a consensus target price of C$13.97.

About Enerflex

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.