Ensign Energy Services (OTCMKTS:ESVIF) Shares Cross Below Fifty Day Moving Average – What’s Next?

Shares of Ensign Energy Services Inc. (OTCMKTS:ESVIFGet Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $1.70 and traded as low as $1.39. Ensign Energy Services shares last traded at $1.40, with a volume of 117,899 shares.

Analyst Ratings Changes

Separately, TD Securities downgraded Ensign Energy Services to a “hold” rating in a report on Monday, February 3rd.

Read Our Latest Stock Analysis on Ensign Energy Services

Ensign Energy Services Stock Performance

The firm’s fifty day simple moving average is $1.70 and its 200 day simple moving average is $1.96.

Ensign Energy Services Company Profile

(Get Free Report)

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.

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