Ensign Energy Services (OTCMKTS:ESVIF) Shares Pass Below Fifty Day Moving Average – What’s Next?

Shares of Ensign Energy Services Inc. (OTCMKTS:ESVIFGet Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $1.94 and traded as low as $1.64. Ensign Energy Services shares last traded at $1.65, with a volume of 33,623 shares.

Wall Street Analysts Forecast Growth

Separately, TD Securities lowered Ensign Energy Services to a “hold” rating in a report on Monday, February 3rd.

View Our Latest Stock Analysis on ESVIF

Ensign Energy Services Price Performance

The stock’s fifty day moving average is $1.93 and its 200-day moving average is $2.02.

Ensign Energy Services Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Ensign Energy Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ensign Energy Services and related companies with MarketBeat.com's FREE daily email newsletter.