Enterprise Group (TSE:E) Hits New 12-Month High – Here’s What Happened

Enterprise Group, Inc. (TSE:E) reached a new 52-week high during trading on Thursday . The stock traded as high as C$2.69 and last traded at C$2.63, with a volume of 554621 shares traded. The stock had previously closed at C$2.45.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$2.75 price objective on Enterprise Group and gave the company a “buy” rating in a research report on Tuesday, December 10th.

Enterprise Group Stock Down 6.4 %

The company’s 50-day moving average is C$2.09 and its 200 day moving average is C$1.88. The stock has a market capitalization of C$147.76 million, a PE ratio of 17.64 and a beta of 1.18. The company has a current ratio of 4.17, a quick ratio of 3.18 and a debt-to-equity ratio of 52.75.

About Enterprise Group

Enterprise Group, Inc, through its subsidiaries, operates as an equipment rental and construction services company in Canada. The company engages in the specialty equipment rental business. It also rents flameless heaters to the construction, and oil and gas industries. In addition, the company offers oilfield infrastructure site and rental services, including modular/combo equipment, such as fuel, generator, light stand, sewage treatment, medic security, and truck trailer combos.