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 purchased 50,000 shares of Ensign Energy Services stock in a transaction dated Thursday, April 3rd. The shares were acquired at an average cost of C$2.17 per share, for a total transaction of C$108,500.00.

Ensign Energy Services Stock Performance

Shares of ESI stock opened at C$1.97 on Friday. The business has a fifty day moving average of C$2.66 and a 200 day moving average of C$2.82. Ensign Energy Services Inc. has a 1 year low of C$1.86 and a 1 year high of C$3.52. The company has a debt-to-equity ratio of 84.02, a current ratio of 0.98 and a quick ratio of 1.30. The firm has a market capitalization of C$363.85 million, a price-to-earnings ratio of 11.52, a price-to-earnings-growth ratio of 202.94 and a beta of 3.05.

Analyst Upgrades and Downgrades

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

About Ensign Energy Services

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.