Ensign Energy Services (OTCMKTS:ESVIF) Shares Climb 1.6% – Time to Buy?

Shares of Ensign Energy Services Inc. (OTCMKTS:ESVIF – Get Free Report) rose 1.6% during trading on Thursday. The company traded as high as $2.57 and last traded at $2.57. 55,235 shares traded hands during trading, a decline of 47% from the average session volume of 103,264 shares. The stock had previously closed at $2.53.

Ensign Energy Services Trading Up 1.6%

The firm’s fifty day moving average is $2.60 and its 200 day moving average is $2.66.

Ensign Energy Services Company Profile

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Ensign Energy Services Inc is a Canadian oilfield services company that provides drilling, well servicing and related equipment to oil and natural gas producers. Its services support the construction, maintenance and redevelopment of wells throughout their operating life cycle.

The company operates a fleet of land-based drilling rigs and well-servicing rigs, along with related equipment and technical services. Its capabilities include contract drilling, directional drilling, rig moving, well completion and workover services, as well as equipment manufacturing and rental activities.

Founded in 1987 and headquartered in Calgary, Alberta, Ensign serves energy customers in multiple petroleum-producing regions.

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