Enerflex Ltd. (TSE:EFX) Director Purchases C$19,494.00 in Stock

Enerflex Ltd. (TSE:EFX) Director Juan Carlos Villegas purchased 1,800 shares of the stock in a transaction dated Friday, March 28th. The stock was acquired at an average cost of C$10.83 per share, for a total transaction of C$19,494.00.

Enerflex Price Performance

Shares of TSE:EFX traded up C$0.04 during midday trading on Friday, reaching C$10.98. 215,386 shares of the company’s stock were exchanged, compared to its average volume of 545,075. The company has a debt-to-equity ratio of 81.27, a quick ratio of 1.20 and a current ratio of 1.19. The company’s 50 day simple moving average is C$12.42 and its two-hundred day simple moving average is C$11.51. Enerflex Ltd. has a 12 month low of C$6.30 and a 12 month high of C$15.22. The firm has a market capitalization of C$1.37 billion, a PE ratio of -11.93 and a beta of 1.71.

Enerflex Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 24th were paid a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date of this dividend was Monday, March 10th. Enerflex’s dividend payout ratio is -10.86%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on EFX shares. ATB Capital upped their price target on Enerflex from C$15.00 to C$17.00 in a report on Tuesday, December 10th. National Bankshares upped their target price on shares of Enerflex from C$11.00 to C$16.00 and gave the company a “sector perform” rating in a research note on Thursday, December 19th. Finally, Raymond James raised their price target on shares of 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 given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of C$13.97.

About Enerflex

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.