Shares of Enerflex Ltd. (OTCMKTS:ENRFF – Get Free Report) fell 6% on Friday . The company traded as low as $19.88 and last traded at $20.68. Approximately 1,154,203 shares traded hands during mid-day trading, an increase of 24,872% from the average daily volume of 4,622 shares. The stock had previously closed at $21.99.
Analysts Set New Price Targets
Separately, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Enerflex in a research note on Thursday, May 28th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Enerflex has an average rating of “Buy”.
Check Out Our Latest Stock Analysis on ENRFF
Enerflex Stock Performance
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.
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