Ensign Energy Services (OTCMKTS:ESVIF) Trading Up 0.4% – Here’s What Happened

Ensign Energy Services Inc. (OTCMKTS:ESVIF)’s stock price traded up 0.4% on Monday . The stock traded as high as $1.80 and last traded at $1.7980. 16,729 shares were traded during mid-day trading, a decline of 62% from the average session volume of 43,659 shares. The stock had previously closed at $1.79.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ESVIF. Royal Bank Of Canada lowered shares of Ensign Energy Services to a “sector perform” rating in a research report on Thursday, October 9th. BMO Capital Markets cut shares of Ensign Energy Services from an “outperform” rating to a “market perform” rating in a report on Monday, December 15th. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Ensign Energy Services Trading Down 0.5%

The stock’s 50-day simple moving average is $1.83 and its 200 day simple moving average is $1.72.

Ensign Energy Services Company Profile

Ensign Energy Services Inc is a Calgary-based oilfield services company specializing in contract drilling and well-servicing solutions for the global energy industry. Through its fleet of land rigs and ancillary service equipment, Ensign delivers turnkey drilling operations, including vertical, directional and horizontal drilling, as well as completions support.

The company’s service offerings encompass a broad spectrum of well-intervention activities, such as coiled-tubing, snubbing, well testing, wireline, and production logging.