Ensign Energy Services Inc. (TSE:ESI – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$4.97 and last traded at C$4.74, with a volume of 814433 shares trading hands. The stock had previously closed at C$4.45.
Analyst Upgrades and Downgrades
ESI has been the subject of several recent analyst reports. Royal Bank Of Canada boosted their price objective on shares of Ensign Energy Services from C$3.50 to C$4.00 and gave the company a “sector perform” rating in a research note on Tuesday, April 14th. TD boosted their price objective on shares of Ensign Energy Services from C$3.50 to C$3.75 and gave the company a “hold” rating in a research note on Friday, May 8th. Finally, ATB Cormark Capital Markets raised shares of Ensign Energy Services from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from C$4.00 to C$5.00 in a research note on Tuesday, May 12th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Ensign Energy Services has a consensus rating of “Hold” and an average target price of C$3.80.
Check Out Our Latest Stock Analysis on Ensign Energy Services
Ensign Energy Services Trading Up 6.5%
Ensign Energy Services (TSE:ESI – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported C($0.06) EPS for the quarter. The firm had revenue of C$418.03 million for the quarter. Ensign Energy Services had a negative net margin of 3.31% and a negative return on equity of 4.13%. On average, equities analysts anticipate that Ensign Energy Services Inc. will post 0.2901354 earnings per share for the current year.
About Ensign Energy Services
Ensign is a global leader in oilfield services, headquartered out of Calgary, Alberta, operating in Canada, the United States and internationally. We are one of the world’s top land-based drilling and well servicing contractors serving crude oil, natural gas, and geothermal operators. Our premium services include contract drilling, directional drilling, underbalanced and managed pressure drilling, rental equipment and well servicing. Please visit our website at www.ensignenergy.com.
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