Enterprise Group (TSE:E) Shares Up 5.9% – Should You Buy?

Enterprise Group, Inc. (TSE:EGet Free Report)’s stock price was up 5.9% during trading on Thursday . The company traded as high as C$1.45 and last traded at C$1.44. Approximately 76,000 shares traded hands during trading, a decline of 48% from the average daily volume of 146,703 shares. The stock had previously closed at C$1.36.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on E. Raymond James Financial cut Enterprise Group from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from C$2.00 to C$1.50 in a report on Monday, March 16th. Fundamental Research set a C$2.10 price objective on Enterprise Group and gave the stock a “buy” rating in a research report on Tuesday, March 24th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of C$1.80.

Get Our Latest Stock Analysis on Enterprise Group

Enterprise Group Trading Up 1.5%

The company has a debt-to-equity ratio of 30.73, a current ratio of 2.37 and a quick ratio of 3.18. The business’s 50-day moving average is C$1.27 and its two-hundred day moving average is C$1.30. The firm has a market cap of C$113.01 million, a P/E ratio of 34.50 and a beta of 0.73.

Enterprise Group (TSE:EGet Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported C$0.03 EPS for the quarter. The firm had revenue of C$12.00 million for the quarter. Enterprise Group had a net margin of 9.72% and a return on equity of 4.11%. As a group, analysts predict that Enterprise Group, Inc. will post 0.203 earnings per share for the current fiscal year.

Enterprise Group Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Enterprise Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enterprise Group and related companies with MarketBeat.com's FREE daily email newsletter.