Enerflex (OTCMKTS:ENRFF) Trading 2% Higher – Here’s Why

Enerflex Ltd. (OTCMKTS:ENRFFGet Free Report)’s stock price rose 2% on Tuesday . The stock traded as high as $20.45 and last traded at $20.40. 496,399 shares traded hands during trading, an increase of 10,640% from the average session volume of 4,622 shares. The stock had previously closed at $20.00.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada reiterated an “outperform” rating on shares of Enerflex in a research report on Thursday, May 28th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy”.

View Our Latest Stock Analysis on ENRFF

Enerflex Price Performance

The company’s 50-day moving average is $22.35 and its 200 day moving average is $22.98.

About Enerflex

(Get Free Report)

Founded in 1987 and headquartered in Calgary, Alberta, Enerflex Ltd is a global provider of integrated solutions, equipment and aftermarket services to the energy infrastructure markets for natural gas, oil and power. Its product portfolio includes compression systems, oil and gas treatment facilities, refrigeration and vaporization units, and power generation equipment. The company also offers modular process skids and distributed power solutions that can be configured to meet specific operational requirements.

In addition to equipment supply, Enerflex delivers lifecycle support through parts, maintenance and field services designed to optimize asset performance and reliability.

Further Reading

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