Ensign Energy Services Inc. (TSE:ESI) Senior Officer Robert Harold Geddes Buys 50,400 Shares

Ensign Energy Services Inc. (TSE:ESI) Senior Officer Robert Harold Geddes purchased 50,400 shares of Ensign Energy Services stock in a transaction that occurred on Tuesday, December 10th. The stock was purchased at an average price of C$2.90 per share, with a total value of C$146,160.00.

Robert Harold Geddes also recently made the following trade(s):

• On Tuesday, November 5th, Robert Harold Geddes sold 25,000 shares of Ensign Energy Services stock. The shares were sold at an average price of C$3.00, for a total value of C$75,000.00.

Ensign Energy Services Trading Down 1.0 %

Shares of ESI stock traded down C$0.03 on Friday, hitting C$2.87. The company had a trading volume of 54,812 shares, compared to its average volume of 236,166. The firm has a market cap of C$527.13 million, a P/E ratio of 24.17, a P/E/G ratio of 202.94 and a beta of 3.05. The stock’s 50-day moving average is C$2.87 and its two-hundred day moving average is C$2.54. The company has a debt-to-equity ratio of 87.50, a quick ratio of 1.30 and a current ratio of 0.97. Ensign Energy Services Inc. has a twelve month low of C$2.01 and a twelve month high of C$3.19.

Analysts Set New Price Targets

ESI has been the subject of a number of recent analyst reports. TD Securities cut their target price on Ensign Energy Services from C$3.50 to C$3.25 and set a “buy” rating for the company in a research report on Tuesday, October 8th. ATB Capital upped their target price on Ensign Energy Services from C$4.50 to C$5.50 in a research report on Tuesday. Finally, BMO Capital Markets upped their target price on Ensign Energy Services from C$3.25 to C$3.50 in a research report on Monday, November 4th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of C$3.71.

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.