Cary A. Moomjian Jr. Buys 10,000 Shares of Ensign Energy Services Inc. (TSE:ESI) Stock

Ensign Energy Services Inc. (TSE:ESI) Director Cary A. Moomjian Jr. purchased 10,000 shares of the firm’s stock in a transaction on Thursday, March 13th. The shares were purchased at an average price of C$2.23 per share, with a total value of C$22,320.00.

Cary A. Moomjian Jr. also recently made the following trade(s):

• On Monday, February 3rd, Cary A. Moomjian Jr. acquired 10,000 shares of Ensign Energy Services stock. The shares were acquired at an average cost of C$2.97 per share, with a total value of C$29,694.00.

Ensign Energy Services Stock Performance

ESI traded down C$0.04 on Thursday, hitting C$2.25. 141,913 shares of the stock traded hands, compared to its average volume of 292,564. The business has a fifty day moving average price of C$3.01 and a two-hundred day moving average price of C$2.83. The company has a current ratio of 0.98, a quick ratio of 1.30 and a debt-to-equity ratio of 84.02. Ensign Energy Services Inc. has a 52 week low of C$2.06 and a 52 week high of C$3.52. The firm has a market capitalization of C$415.56 million, a PE ratio of 13.15, a P/E/G ratio of 202.94 and a beta of 3.05.

Analyst Upgrades and Downgrades

ESI has been the topic of a number of research analyst reports. ATB Capital raised their target price on Ensign Energy Services from C$4.50 to C$5.50 in a report on Tuesday, December 10th. BMO Capital Markets lowered their price objective on shares of Ensign Energy Services from C$4.25 to C$3.50 in a research note on Monday. Finally, TD Securities dropped their target price on shares of Ensign Energy Services from C$3.00 to C$2.75 and set a “hold” rating on the stock in a research report on Monday.

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.