Robert Harold Geddes Buys 50,000 Shares of Ensign Energy Services Inc. (TSE:ESI) Stock

Ensign Energy Services Inc. (TSE:ESI) Senior Officer Robert Harold Geddes bought 50,000 shares of the company’s stock in a transaction on Thursday, April 3rd. The stock was bought at an average cost of C$2.17 per share, with a total value of C$108,500.00.

Ensign Energy Services Price Performance

ESI opened at C$1.97 on Friday. The company has a fifty day moving average price of C$2.66 and a two-hundred day moving average price of C$2.82. The firm has a market capitalization of C$363.85 million, a PE ratio of 11.52, a P/E/G ratio of 202.94 and a beta of 3.05. Ensign Energy Services Inc. has a 52 week low of C$1.86 and a 52 week high of C$3.52. The company has a debt-to-equity ratio of 84.02, a quick ratio of 1.30 and a current ratio of 0.98.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ESI. ATB Capital raised their price target on shares of Ensign Energy Services from C$4.50 to C$5.50 in a report on Tuesday, December 10th. TD Securities dropped their target price on Ensign Energy Services from C$3.00 to C$2.75 and set a “hold” rating for the company in a research report on Monday, March 10th. Finally, BMO Capital Markets cut their price target on Ensign Energy Services from C$4.25 to C$3.50 in a research note on Monday, March 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.