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

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

Enerflex Trading Up 0.4 %

EFX stock traded up C$0.04 during midday trading on Friday, reaching C$10.98. The stock had a trading volume of 215,386 shares, compared to its average volume of 545,075. 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 twelve month low of C$6.30 and a twelve month 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. The business has a fifty day simple moving average of C$12.42 and a two-hundred day simple moving average of C$11.51.

Enerflex Announces Dividend

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

Analyst Ratings Changes

EFX has been the subject of a number of research analyst reports. ATB Capital lifted their target price on shares of Enerflex from C$15.00 to C$17.00 in a research note on Tuesday, December 10th. National Bankshares lifted their price objective on Enerflex from C$11.00 to C$16.00 and gave the company a “sector perform” rating in a research report on Thursday, December 19th. Finally, Raymond James increased their target price on Enerflex from C$17.00 to C$17.75 in a report on Friday, February 28th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target 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.