Joanne Linette Cox Buys 1,000 Shares of Enerflex Ltd. (TSE:EFX) Stock

Enerflex Ltd. (TSE:EFX) Director Joanne Linette Cox purchased 1,000 shares of the firm’s stock in a transaction on Friday, March 21st. The shares were acquired at an average price of C$10.92 per share, with a total value of C$10,918.00.

Enerflex Stock Performance

Shares of EFX stock opened at C$11.42 on Wednesday. The company has a current ratio of 1.19, a quick ratio of 1.20 and a debt-to-equity ratio of 81.27. The firm has a fifty day simple moving average of C$12.56 and a two-hundred day simple moving average of C$11.51. Enerflex Ltd. has a 12 month low of C$6.30 and a 12 month high of C$15.22. The firm has a market capitalization of C$1.42 billion, a PE ratio of -12.41 and a beta of 1.71.

Enerflex Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Monday, March 24th were given a $0.0375 dividend. The ex-dividend date was Monday, March 10th. This represents a $0.15 annualized dividend and a yield of 1.31%. Enerflex’s payout ratio is -10.86%.

Wall Street Analyst Weigh In

Several research firms recently commented on EFX. ATB Capital raised their target price on Enerflex from C$15.00 to C$17.00 in a research note on Tuesday, December 10th. National Bankshares raised their price objective on shares of Enerflex from C$11.00 to C$16.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 19th. Finally, Raymond James boosted their target price on shares of Enerflex from C$17.00 to C$17.75 in a research report on Friday, February 28th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus 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.