Enerflex Ltd. (TSE:EFX) Senior Officer Joseph Paul John Ladouceur Acquires 3,000 Shares

Enerflex Ltd. (TSE:EFX) Senior Officer Joseph Paul John Ladouceur bought 3,000 shares of the company’s stock in a transaction dated Wednesday, March 26th. The stock was bought at an average price of C$11.41 per share, for a total transaction of C$34,233.00.

Enerflex Trading Up 0.4 %

TSE EFX opened at C$10.98 on Friday. The stock has a market capitalization of C$1.37 billion, a price-to-earnings ratio of -11.93 and a beta of 1.71. The business’s fifty day moving average is C$12.34 and its 200-day moving average is C$11.56. The company has a debt-to-equity ratio of 81.27, a current ratio of 1.19 and a quick ratio of 1.20. Enerflex Ltd. has a one year low of C$6.30 and a one year high of C$15.22.

Enerflex Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 24th were paid a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date of this dividend was Monday, March 10th. Enerflex’s payout ratio is -10.86%.

Analyst Upgrades and Downgrades

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