Enterprise Group (TSE:E) Sets New 12-Month High at $1.49

Enterprise Group, Inc. (TSE:E)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$1.49 and last traded at C$1.50, with a volume of 208875 shares trading hands. The stock had previously closed at C$1.44.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$1.62 price objective on Enterprise Group and gave the company a “buy” rating in a research note on Wednesday, May 22nd.

Enterprise Group Stock Up 2.8 %

The company has a quick ratio of 3.18, a current ratio of 3.88 and a debt-to-equity ratio of 52.81. The firm has a 50 day simple moving average of C$1.27 and a 200-day simple moving average of C$1.07. The stock has a market cap of C$85.88 million, a P/E ratio of 11.38 and a beta of 1.08.

Enterprise Group (TSE:E) last released its quarterly earnings data on Thursday, May 9th. The company reported C$0.07 earnings per share (EPS) for the quarter. The firm had revenue of C$12.33 million for the quarter. Enterprise Group had a return on equity of 16.59% and a net margin of 20.55%. On average, equities research analysts forecast that Enterprise Group, Inc. will post 0.049375 earnings per share for the current fiscal year.

Enterprise Group Company Profile

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.