Enterprise Group (TSE:E) Shares Cross Above 200 Day Moving Average of $0.34

Enterprise Group, Inc. (TSE:EGet Rating) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.34 and traded as high as C$0.40. Enterprise Group shares last traded at C$0.39, with a volume of 61,750 shares.

The company’s fifty day moving average is C$0.36 and its 200-day moving average is C$0.34. The company has a current ratio of 2.46, a quick ratio of 2.22 and a debt-to-equity ratio of 42.47. The firm has a market capitalization of C$18.22 million and a P/E ratio of -19.25.

In other news, Director John Harld Charles Pinsent sold 66,866 shares of the stock in a transaction that occurred on Tuesday, May 17th. The stock was sold at an average price of C$0.42, for a total value of C$28,083.72. Following the completion of the sale, the director now directly owns 370,634 shares of the company’s stock, valued at C$155,666.28. Also, insider Brian Nilsson sold 162,500 shares of the business’s stock in a transaction on Monday, May 16th. The stock was sold at an average price of C$0.40, for a total transaction of C$64,187.50. Following the transaction, the insider now directly owns 7,888,466 shares in the company, valued at approximately C$3,115,944.07.

Enterprise Group Company Profile (TSE:E)

Enterprise Group, Inc, through its subsidiaries, operates as an equipment rental and construction services company operating in the energy and construction industries. The company primarily focuses on the specialty equipment rental business. It provides flameless heaters to the construction, oil and gas development, and plant shut-down activities in Western Canada.

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