Ensign Energy Services (OTCMKTS:ESVIF) Stock Crosses Below 50-Day Moving Average – Should You Sell?

Shares of Ensign Energy Services Inc. (OTCMKTS:ESVIFGet Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $1.94 and traded as low as $1.64. Ensign Energy Services shares last traded at $1.65, with a volume of 33,623 shares trading hands.

Analyst Upgrades and Downgrades

Separately, TD Securities cut Ensign Energy Services to a “hold” rating in a report on Monday, February 3rd.

View Our Latest Analysis on Ensign Energy Services

Ensign Energy Services Trading Down 3.2 %

The firm’s 50 day moving average is $1.93 and its two-hundred day moving average is $2.02.

Ensign Energy Services Company Profile

(Get Free Report)

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.

Further Reading

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