Enerflex Ltd. (EFX) to Issue Quarterly Dividend of $0.04 on June 3rd

Enerflex Ltd. (TSE:EFX) declared a quarterly dividend on Wednesday, May 21st, TickerTech Dividends reports. Shareholders of record on Tuesday, June 3rd will be paid a dividend of 0.0375 per share on Tuesday, June 3rd. This represents a $0.15 annualized dividend and a yield of 1.51%. The ex-dividend date is Wednesday, May 21st.

Enerflex Price Performance

Shares of EFX opened at C$9.91 on Monday. Enerflex has a 12-month low of C$6.30 and a 12-month high of C$15.22. The business has a 50-day simple moving average of C$9.90 and a two-hundred day simple moving average of C$11.83. The company has a quick ratio of 1.20, a current ratio of 1.19 and a debt-to-equity ratio of 81.27. The stock has a market cap of C$1.23 billion, a PE ratio of -10.77 and a beta of 1.71.

Insider Buying and Selling at Enerflex

In other Enerflex news, Senior Officer Joseph Paul John Ladouceur bought 3,000 shares of Enerflex stock in a transaction that occurred on Wednesday, March 26th. The stock was acquired at an average cost of C$11.41 per share, for a total transaction of C$34,233.00. Insiders have bought a total of 6,200 shares of company stock worth $69,129 over the last ninety days. 0.49% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

EFX has been the topic of a number of recent analyst reports. BMO Capital Markets dropped their price objective on Enerflex from C$15.00 to C$14.00 in a research note on Thursday, April 17th. ATB Capital dropped their price target on Enerflex from C$18.00 to C$16.50 and set an “outperform” rating on the stock in a research note on Monday, May 5th. Raymond James upped their price target on Enerflex from C$17.00 to C$17.75 in a research note on Friday, February 28th. Finally, TD Securities dropped their price target on Enerflex from C$17.00 to C$15.00 and set a “buy” rating on the stock in a research note on Wednesday, April 16th.

Enerflex Company Profile

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.