Enerflex Ltd. (TSE:EFX) Director Acquires C$19,494.00 in Stock

Enerflex Ltd. (TSE:EFX) Director Juan Carlos Villegas purchased 1,800 shares of the company’s stock in a transaction on Friday, March 28th. The stock was purchased at an average price of C$10.83 per share, for a total transaction of C$19,494.00.

Enerflex Trading Up 0.4 %

Shares of Enerflex stock opened at C$10.98 on Monday. The business has a fifty day simple moving average of C$12.34 and a 200-day simple moving average of C$11.58. The firm has a market cap of C$1.37 billion, a price-to-earnings ratio of -11.93 and a beta of 1.71. Enerflex Ltd. has a fifty-two week low of C$6.30 and a fifty-two week high of C$15.22. The company has a quick ratio of 1.20, a current ratio of 1.19 and a debt-to-equity ratio of 81.27.

Enerflex Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 24th were given a dividend of $0.0375 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.15 annualized dividend and a dividend yield of 1.37%. Enerflex’s dividend payout ratio (DPR) is -10.86%.

Wall Street Analysts Forecast Growth

EFX has been the topic of several analyst reports. ATB Capital raised their target price on Enerflex from C$15.00 to C$17.00 in a research report on Tuesday, December 10th. Raymond James raised their price target on Enerflex from C$17.00 to C$17.75 in a report on Friday, February 28th. Finally, National Bankshares upped their price objective on shares of Enerflex from C$11.00 to C$16.00 and gave the stock a “sector perform” rating in a report on Thursday, December 19th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, Enerflex currently has a consensus rating of “Hold” and an average target price of C$13.97.

About Enerflex

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.