Enerflex Ltd. (TSE:EFX) Director Purchases C$10,918.00 in Stock

Enerflex Ltd. (TSE:EFX) Director Joanne Linette Cox purchased 1,000 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The shares were purchased at an average cost of C$10.92 per share, for a total transaction of C$10,918.00.

Enerflex Trading Up 1.5 %

TSE:EFX opened at C$11.42 on Wednesday. Enerflex Ltd. has a 12 month low of C$6.30 and a 12 month high of C$15.22. The company has a current ratio of 1.19, a quick ratio of 1.20 and a debt-to-equity ratio of 81.27. The firm’s 50 day moving average is C$12.56 and its 200 day moving average is C$11.51. The stock has a market capitalization of C$1.42 billion, a PE ratio of -12.41 and a beta of 1.71.

Enerflex Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 24th were given a dividend of $0.0375 per share. The ex-dividend date was Monday, March 10th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 1.31%. Enerflex’s dividend payout ratio is presently -10.86%.

Wall Street Analysts Forecast Growth

Several research firms have commented on EFX. National Bankshares lifted their target price on shares of Enerflex from C$11.00 to C$16.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 19th. ATB Capital increased their price target on Enerflex from C$15.00 to C$17.00 in a research report on Tuesday, December 10th. Finally, Raymond James boosted their price objective on Enerflex from C$17.00 to C$17.75 in a research report on Friday, February 28th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of C$13.97.

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.