Enerflex (OTCMKTS:ENRFF) Trading Down 1.5% – Here’s What Happened

Shares of Enerflex Ltd. (OTCMKTS:ENRFFGet Free Report) traded down 1.5% on Friday . The stock traded as low as $23.01 and last traded at $23.46. 418,792 shares traded hands during trading, an increase of 8,961% from the average session volume of 4,622 shares. The stock had previously closed at $23.81.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada restated an “outperform” rating on shares of Enerflex in a research report on Thursday, May 28th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy”.

Get Our Latest Report on Enerflex

Enerflex Price Performance

The business’s fifty day simple moving average is $25.21 and its two-hundred day simple moving average is $21.79.

About Enerflex

(Get Free Report)

Founded in 1987 and headquartered in Calgary, Alberta, Enerflex Ltd is a global provider of integrated solutions, equipment and aftermarket services to the energy infrastructure markets for natural gas, oil and power. Its product portfolio includes compression systems, oil and gas treatment facilities, refrigeration and vaporization units, and power generation equipment. The company also offers modular process skids and distributed power solutions that can be configured to meet specific operational requirements.

In addition to equipment supply, Enerflex delivers lifecycle support through parts, maintenance and field services designed to optimize asset performance and reliability.

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