Enerflex (OTCMKTS:ENRFF) Trading Up 2.1% – Time to Buy?

Shares of Enerflex Ltd. (OTCMKTS:ENRFF) rose 2.1% during mid-day trading on Friday . The stock traded as high as $24.81 and last traded at $24.62. Approximately 529,798 shares were traded during trading, an increase of 11,363% from the average session volume of 4,622 shares. The stock had previously closed at $24.11.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada restated an “outperform” rating on shares of Enerflex in a report on Thursday, May 28th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy”.

Enerflex Stock Up 2.1%

The company’s 50 day moving average price is $25.52 and its 200-day moving average price is $20.89.

Enerflex Company Profile

Founded in 1987 and headquartered in Calgary, Alberta, Enerflex Ltd is a global provider of integrated solutions, equipment and aftermarket services to the energy infrastructure markets for natural gas, oil and power. Its product portfolio includes compression systems, oil and gas treatment facilities, refrigeration and vaporization units, and power generation equipment. The company also offers modular process skids and distributed power solutions that can be configured to meet specific operational requirements.

In addition to equipment supply, Enerflex delivers lifecycle support through parts, maintenance and field services designed to optimize asset performance and reliability.