Enerflex (OTCMKTS:ENRFF) Trading 2% Higher – Here’s What Happened

Enerflex Ltd. (OTCMKTS:ENRFF) traded up 2% on Tuesday . The stock traded as high as $20.45 and last traded at $20.40. Approximately 496,399 shares changed hands during trading, an increase of 10,640% from the average daily volume of 4,622 shares. The stock had previously closed at $20.00.

Analyst Ratings Changes

Separately, Royal Bank Of Canada restated an “outperform” rating on shares of Enerflex in a research note on Thursday, May 28th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy”.

Enerflex Stock Up 2.0%

The firm’s 50 day simple moving average is $22.45 and its 200-day simple moving average is $22.97.

About Enerflex

Founded in 1987 and headquartered in Calgary, Alberta, Enerflex Ltd is a global provider of integrated solutions, equipment and aftermarket services to the energy infrastructure markets for natural gas, oil and power. Its product portfolio includes compression systems, oil and gas treatment facilities, refrigeration and vaporization units, and power generation equipment. The company also offers modular process skids and distributed power solutions that can be configured to meet specific operational requirements.

In addition to equipment supply, Enerflex delivers lifecycle support through parts, maintenance and field services designed to optimize asset performance and reliability.