Enterprise Group (TSE:E) Announces Earnings Results

Enterprise Group (TSE:E) issued its quarterly earnings results on Thursday. The company reported C$0.01 earnings per share (EPS) for the quarter, FiscalAI reports. Enterprise Group had a net margin of 9.49% and a return on equity of 4.32%. The company had revenue of C$10.29 million during the quarter.

Enterprise Group Stock Down 10.0%

Enterprise Group stock traded down C$0.17 during mid-day trading on Thursday, hitting C$1.53. The company had a trading volume of 482,671 shares, compared to its average volume of 141,354. Enterprise Group has a 12 month low of C$1.01 and a 12 month high of C$1.92. The company has a market capitalization of C$123.88 million, a PE ratio of 30.60 and a beta of 1.38. The stock’s 50 day moving average price is C$1.67 and its two-hundred day moving average price is C$1.45. The company has a current ratio of 2.67, a quick ratio of 3.18 and a debt-to-equity ratio of 37.98.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$2.60 price objective on shares of Enterprise Group and gave the stock a “buy” rating in a report on Wednesday, August 26th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Enterprise Group has a consensus rating of “Moderate Buy” and an average price target of C$2.05.

About Enterprise Group

Enterprise Group, Inc is a consolidator of services-including specialized equipment rental to the energy/resource sector. The Company works with particular emphasis on systems and technologies that mitigate, reduce, or eliminate CO2 and Greenhouse Gas and other harmful emissions for itself and its clients. The Company is well known to local Tier One and international resource companies with operations in Western Canada.