Enerflex Ltd. (TSE:EFX) Director Joanne Linette Cox Acquires 1,000 Shares of Stock

Enerflex Ltd. (TSE:EFX) Director Joanne Linette Cox acquired 1,000 shares of the business’s stock in a transaction that occurred on Friday, March 21st. The shares were purchased at an average price of C$10.92 per share, with a total value of C$10,918.00.

Enerflex Stock Up 3.8 %

Shares of TSE EFX opened at C$11.25 on Tuesday. The company has a quick ratio of 1.20, a current ratio of 1.19 and a debt-to-equity ratio of 81.27. The business’s 50 day moving average is C$12.63 and its two-hundred day moving average is C$11.49. Enerflex Ltd. has a 52-week low of C$6.30 and a 52-week high of C$15.22. The firm has a market cap of C$1.40 billion, a price-to-earnings ratio of -12.22 and a beta of 1.71.

Enerflex Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Monday, March 24th were paid a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 1.33%. The ex-dividend date was Monday, March 10th. Enerflex’s payout ratio is -10.86%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Raymond James raised their price target on shares of Enerflex from C$17.00 to C$17.75 in a report on Friday, February 28th. National Bankshares raised their target price on Enerflex from C$11.00 to C$16.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 19th. Finally, ATB Capital upped their price target on Enerflex from C$15.00 to C$17.00 in a research note on Tuesday, December 10th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to 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.