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Ensign Energy Services Inc. (OTCMKTS:ESVIF) Given Average Recommendation of "Moderate Buy" by Brokerages

Defense World ·  Sep 23, 2022 02:11

Ensign Energy Services Inc. (OTCMKTS:ESVIF – Get Rating) has been assigned an average recommendation of "Buy" from the seven research firms that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a buy recommendation. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $5.40.

Separately, Canaccord Genuity Group dropped their price objective on Ensign Energy Services from C$5.25 to C$3.75 in a research note on Friday, August 19th.

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Ensign Energy Services Trading Down 0.9 %

Shares of Ensign Energy Services stock opened at $1.84 on Friday. Ensign Energy Services has a 12-month low of $1.12 and a 12-month high of $3.90. The business's 50 day moving average is $2.29 and its 200-day moving average is $2.73.

Ensign Energy Services Company Profile

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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.

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