John Blair Goertzen Sells 30,000 Shares of Enerflex Ltd (EFX) Stock

Enerflex Ltd (TSE:EFX) Director John Blair Goertzen sold 30,000 shares of the stock in a transaction that occurred on Tuesday, November 13th. The stock was sold at an average price of C$17.81, for a total value of C$534,300.00.

John Blair Goertzen also recently made the following trade(s):

  • On Thursday, November 15th, John Blair Goertzen sold 30,000 shares of Enerflex stock. The stock was sold at an average price of C$17.65, for a total value of C$529,500.00.

Shares of EFX stock opened at C$17.55 on Friday. Enerflex Ltd has a 12 month low of C$13.55 and a 12 month high of C$18.72. The company has a debt-to-equity ratio of 35.53, a quick ratio of 1.58 and a current ratio of 1.93.

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 10th. Shareholders of record on Thursday, January 10th will be issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 2.39%. The ex-dividend date is Tuesday, November 20th. This is an increase from Enerflex’s previous quarterly dividend of $0.10. Enerflex’s dividend payout ratio (DPR) is 38.92%.

EFX has been the topic of several analyst reports. TD Securities downgraded Enerflex from an “action list buy” rating to a “buy” rating and increased their price target for the company from C$21.00 to C$22.00 in a report on Wednesday, September 5th. Raymond James increased their price target on Enerflex from C$21.25 to C$22.00 and gave the company an “outperform” rating in a report on Friday, August 10th. CIBC increased their price target on Enerflex from C$21.00 to C$23.00 in a report on Friday, November 9th. Finally, National Bank Financial increased their price target on Enerflex from C$18.50 to C$20.50 and gave the company an “outperform” rating in a report on Friday, November 9th. Six investment analysts have rated the stock with a buy rating, Enerflex presently has a consensus rating of “Buy” and an average target price of C$22.42.

TRADEMARK VIOLATION WARNING: “John Blair Goertzen Sells 30,000 Shares of Enerflex Ltd (EFX) Stock” was published by WKRB News and is the sole property of of WKRB News. If you are accessing this article on another website, it was stolen and republished in violation of US and international trademark & copyright legislation. The correct version of this article can be read at https://www.wkrb13.com/2018/11/18/john-blair-goertzen-sells-30000-shares-of-enerflex-ltd-efx-stock.html.

About Enerflex

Enerflex Ltd. supplies natural gas compression, oil and gas processing, refrigeration systems, and electric power equipment in Canada, the United States, and internationally. The company offers engineered systems, including engineering, design, fabrication, and assembly of standard and custom-designed compression, electric power, and processing solutions.

See Also: The Discount Rate – What You Need to Know

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

Leave a Reply