Enterprise Group (TSE:E) Sets New 52-Week High – Still a Buy?

Enterprise Group, Inc. (TSE:E) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as C$2.69 and last traded at C$2.66, with a volume of 255660 shares traded. The stock had previously closed at C$2.47.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Raymond James raised shares of Enterprise Group to a “moderate buy” rating in a research note on Wednesday, February 5th. Fundamental Research set a C$2.75 price target on shares of Enterprise Group and gave the stock a “buy” rating in a research report on Tuesday, December 10th.

Enterprise Group Stock Performance

The stock has a fifty day moving average price of C$2.20 and a 200 day moving average price of C$2.00. The company has a current ratio of 3.85, a quick ratio of 3.18 and a debt-to-equity ratio of 51.73. The firm has a market cap of C$184.81 million, a price-to-earnings ratio of 23.38 and a beta of 1.18.

Enterprise Group Company Profile

Enterprise Group, Inc, through its subsidiaries, operates as an equipment rental and construction services company in Canada. The company engages in the specialty equipment rental business. It also rents flameless heaters to the construction, and oil and gas industries. In addition, the company offers oilfield infrastructure site and rental services, including modular/combo equipment, such as fuel, generator, light stand, sewage treatment, medic security, and truck trailer combos.