Enterprise Group (TSE:E) Hits New 12-Month High – Time to Buy?

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

Wall Street Analyst Weigh In

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

Enterprise Group Stock Up 7.8 %

The firm has a market capitalization of C$157.92 million, a P/E ratio of 18.86 and a beta of 1.18. The stock has a fifty day moving average of C$2.08 and a 200 day moving average of C$1.87. The company has a debt-to-equity ratio of 52.75, a current ratio of 4.17 and a quick ratio of 3.18.

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.