Insider Buying: Ensign Energy Services Inc. (TSE:ESI) Director Buys 10,000 Shares of Stock

Ensign Energy Services Inc. (TSE:ESI) Director Cary A. Moomjian Jr. bought 10,000 shares of Ensign Energy Services stock in a transaction that occurred on Monday, April 7th. The shares were acquired at an average cost of C$1.88 per share, for a total transaction of C$18,815.00.

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

• On Thursday, March 13th, Cary A. Moomjian Jr. acquired 10,000 shares of Ensign Energy Services stock. The stock was bought at an average cost of C$2.23 per share, with a total value of C$22,320.00.
• On Monday, February 3rd, Cary A. Moomjian Jr. bought 10,000 shares of Ensign Energy Services stock. The stock was purchased at an average cost of C$2.97 per share, for a total transaction of C$29,694.00.

Ensign Energy Services Price Performance

Shares of ESI opened at C$1.94 on Tuesday. The business’s 50-day moving average is C$2.64 and its two-hundred day moving average is C$2.81. The company has a market capitalization of C$358.31 million, a P/E ratio of 11.34, a P/E/G ratio of 202.94 and a beta of 3.05. Ensign Energy Services Inc. has a fifty-two week low of C$1.80 and a fifty-two week high of C$3.52. The company has a debt-to-equity ratio of 84.02, a quick ratio of 1.30 and a current ratio of 0.98.

Analyst Ratings Changes

Several research firms have weighed in on ESI. ATB Capital boosted their price target on Ensign Energy Services from C$4.50 to C$5.50 in a research note on Tuesday, December 10th. BMO Capital Markets dropped their target price on Ensign Energy Services from C$4.25 to C$3.50 in a research report on Monday, March 10th. Finally, TD Securities cut their price target on shares of Ensign Energy Services from C$3.00 to C$2.75 and set a “hold” rating on the stock in a report on Monday, March 10th.

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.