Enerflex Ltd. (TSE:EFX) Director Buys C$19,494.00 in Stock

Enerflex Ltd. (TSE:EFX) Director Juan Carlos Villegas purchased 1,800 shares of the company’s stock in a transaction on Friday, March 28th. The shares were purchased at an average cost of C$10.83 per share, with a total value of C$19,494.00.

Enerflex Trading Up 0.4 %

Shares of TSE EFX opened at C$10.98 on Friday. The firm’s 50 day moving average price is C$12.34 and its 200-day moving average price is C$11.53. Enerflex Ltd. has a 52-week low of C$6.30 and a 52-week high of C$15.22. The company has a debt-to-equity ratio of 81.27, a quick ratio of 1.20 and a current ratio of 1.19. The company has a market cap of C$1.37 billion, a PE ratio of -11.93 and a beta of 1.71.

Enerflex Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Monday, March 24th were given a $0.0375 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.15 annualized dividend and a yield of 1.37%. Enerflex’s dividend payout ratio (DPR) is presently -10.86%.

Analyst Ratings Changes

A number of research analysts have issued reports on EFX shares. ATB Capital boosted their price objective on shares of Enerflex from C$15.00 to C$17.00 in a research report on Tuesday, December 10th. National Bankshares upped their price objective on shares of Enerflex from C$11.00 to C$16.00 and gave the stock a “sector perform” rating in a report on Thursday, December 19th. Finally, Raymond James lifted their target price on shares of Enerflex from C$17.00 to C$17.75 in a report on Friday, February 28th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of C$13.97.

Enerflex Company Profile

Enerflex Ltd. offers energy infrastructure and energy transition solutions to natural gas markets in North America, Latin America, and the Eastern Hemisphere. The company provides natural gas compression infrastructure, processing, and treated water infrastructure under contract to oil and natural gas customers; power generation rental solutions; custom and standard compression packages for reciprocating and screw compressor applications; re-engineering, re-configuration, and re-packaging of compressors for various field applications; integrated turnkey power generation, gas compression, processing facilities, natural gas compression, processing, and electric power solutions; after-market mechanical services and parts distribution, as well as maintenance solutions to the oil and natural gas industry, operations, and overhaul services; and equipment supply, parts supply, and general asset management.