Ensign Energy Services (OTCMKTS:ESVIF) Stock Price Up 2.7% – Still a Buy?
by Renee Jackson · The Cerbat GemShares of Ensign Energy Services Inc. (OTCMKTS:ESVIF – Get Free Report) rose 2.7% on Tuesday . The company traded as high as $2.67 and last traded at $2.62. Approximately 88,686 shares traded hands during mid-day trading, an increase of 2% from the average daily volume of 86,575 shares. The stock had previously closed at $2.55.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets downgraded Ensign Energy Services from an “outperform” rating to a “market perform” rating in a research report on Monday, December 15th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.
Read Our Latest Stock Report on Ensign Energy Services
Ensign Energy Services Price Performance
The business has a 50-day moving average of $2.58 and a 200-day moving average of $2.12.
Ensign Energy Services Company Profile
Ensign Energy Services Inc is a Calgary-based oilfield services company specializing in contract drilling and well-servicing solutions for the global energy industry. Through its fleet of land rigs and ancillary service equipment, Ensign delivers turnkey drilling operations, including vertical, directional and horizontal drilling, as well as completions support.
The company’s service offerings encompass a broad spectrum of well-intervention activities, such as coiled-tubing, snubbing, well testing, wireline, and production logging.