Cary A. Moomjian Jr. Buys 10,000 Shares of Ensign Energy Services Inc. (TSE:ESI) Stock

Ensign Energy Services Inc. (TSE:ESI) Director Cary A. Moomjian Jr. bought 10,000 shares of the stock in a transaction dated Thursday, March 13th. The shares were purchased at an average cost of C$2.23 per share, for a total transaction of C$22,320.00.

Cary A. Moomjian Jr. also recently made the following trade(s):

• On Monday, February 3rd, Cary A. Moomjian Jr. purchased 10,000 shares of Ensign Energy Services stock. The stock was acquired at an average cost of C$2.97 per share, with a total value of C$29,694.00.

Ensign Energy Services Trading Up 1.8 %

TSE ESI opened at C$2.29 on Friday. Ensign Energy Services Inc. has a 12 month low of C$2.06 and a 12 month high of C$3.52. The stock has a market capitalization of C$422.95 million, a P/E ratio of 13.39, a PEG ratio of 202.94 and a beta of 3.05. The firm’s 50-day moving average is C$2.99 and its two-hundred day moving average is C$2.82. The company has a debt-to-equity ratio of 84.02, a current ratio of 0.98 and a quick ratio of 1.30.

Wall Street Analyst Weigh In

ESI has been the topic of several recent analyst reports. BMO Capital Markets decreased their price objective on shares of Ensign Energy Services from C$4.25 to C$3.50 in a report on Monday, March 10th. TD Securities decreased their price target on shares of Ensign Energy Services from C$3.00 to C$2.75 and set a “hold” rating on the stock in a research note on Monday, March 10th. Finally, ATB Capital boosted their price objective on Ensign Energy Services from C$4.50 to C$5.50 in a research note on Tuesday, December 10th.

About Ensign Energy Services

Ensign Energy Services Inc, together with its subsidiaries, provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. The company offers shallow, intermediate, and deep well drilling, as well as specialized drilling services, including horizontal, underbalanced, horizontal re-entry, and slant drilling for steam assisted gravity drainage applications; and equipment and services.