K.J. Harrison & Partners Inc Boosts Stake in Enerflex Ltd. (NYSE:EFXT)

K.J. Harrison & Partners Inc raised its position in shares of Enerflex Ltd. (NYSE:EFXT) by 100.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 471,919 shares of the company’s stock after purchasing an additional 236,419 shares during the period. K.J. Harrison & Partners Inc owned approximately 0.38% of Enerflex worth $4,795,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. B. Riley Wealth Advisors Inc. purchased a new stake in Enerflex in the third quarter worth approximately $65,000. West Tower Group LLC bought a new stake in shares of Enerflex in the 3rd quarter worth approximately $119,000. Barclays PLC lifted its holdings in shares of Enerflex by 2,616,800.0% in the 3rd quarter. Barclays PLC now owns 26,169 shares of the company’s stock worth $156,000 after acquiring an additional 26,168 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Enerflex in the 3rd quarter valued at $344,000. Finally, Geode Capital Management LLC grew its holdings in shares of Enerflex by 11.2% during the 3rd quarter. Geode Capital Management LLC now owns 61,057 shares of the company’s stock valued at $364,000 after purchasing an additional 6,158 shares during the last quarter. 46.47% of the stock is currently owned by institutional investors.

Enerflex Price Performance

EFXT opened at $8.09 on Thursday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.19 and a quick ratio of 0.88. The stock’s 50 day simple moving average is $9.70 and its 200 day simple moving average is $7.95. The firm has a market cap of $1.00 billion, a price-to-earnings ratio of -12.84 and a beta of 2.02. Enerflex Ltd. has a 1 year low of $4.59 and a 1 year high of $10.61.

Analyst Ratings Changes

Separately, Royal Bank of Canada boosted their price target on shares of Enerflex from $9.00 to $12.00 and gave the stock an “outperform” rating in a research note on Friday, November 15th.

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.