Enerflex Ltd (EFX) Director Stephen James Savidant Sells 3,000 Shares

Enerflex Ltd (TSE:EFX) Director Stephen James Savidant sold 3,000 shares of Enerflex stock in a transaction on Thursday, November 29th. The stock was sold at an average price of C$16.46, for a total transaction of C$49,380.00.

Stephen James Savidant also recently made the following trade(s):

  • On Monday, November 26th, Stephen James Savidant sold 3,500 shares of Enerflex stock. The stock was sold at an average price of C$17.09, for a total transaction of C$59,815.00.

Shares of EFX stock traded down C$0.08 on Friday, hitting C$16.31. 158,400 shares of the stock traded hands, compared to its average volume of 214,553. The company has a debt-to-equity ratio of 35.53, a current ratio of 1.93 and a quick ratio of 1.58. Enerflex Ltd has a twelve month low of C$13.55 and a twelve month high of C$18.72.

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 10th. Stockholders of record on Thursday, January 10th will be given a dividend of $0.105 per share. This is a boost from Enerflex’s previous quarterly dividend of $0.10. The ex-dividend date is Tuesday, November 20th. This represents a $0.42 annualized dividend and a dividend yield of 2.58%. Enerflex’s payout ratio is presently 35.51%.

Several equities research analysts have issued reports on the stock. TD Securities cut shares of Enerflex from an “action list buy” rating to a “buy” rating and lifted their target price for the stock from C$21.00 to C$22.00 in a research note on Wednesday, September 5th. Raymond James lifted their target price on shares of Enerflex from C$21.25 to C$22.00 and gave the stock an “outperform” rating in a research note on Friday, August 10th. CIBC lifted their target price on shares of Enerflex from C$21.00 to C$23.00 in a research note on Friday, November 9th. Finally, National Bank Financial lifted their target price on shares of Enerflex from C$18.50 to C$20.50 and gave the stock an “outperform” rating in a research note on Friday, November 9th. Six investment analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average price target of C$22.42.

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About Enerflex

Enerflex Ltd. supplies natural gas compression, oil and gas processing, refrigeration systems, and electric power equipment in Canada, the United States, and internationally. The company offers engineered systems, including engineering, design, fabrication, and assembly of standard and custom-designed compression, electric power, and processing solutions.

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