Enerflex Ltd. (NYSE:EFXT) currently has a daily average trading volume of 87.67K but it saw 3755744 shares traded on Wednesday. With a market cap of 818.85M USD, stock’s current market price of $6.62 came rising about 1.53 while comparing to the previous closing price of $6.52. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.66 and as low as $3.86. In the recent trading on the day, stock has struck highest price mark of $6.62 while lowest mark touched by it was $6.40.
Taking a look at 20-day trading activity of Enerflex Ltd. (EFXT) gives us an average price of $5.74, while its current price level is -13.58% below from 52-week high level whereas it is 71.50% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.13 while that of 200 days or SMA-200 reads an average of $5.69. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.62% during that period while stretching the period over a month that decreases to 4.25%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 74.54 which implies that the stock is in overbought territory.
Enerflex Ltd. (EFXT)’s stock is currently under the radar of 9 analysts who are in consensus at a 12-month price target range of between $9.00 and $16.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $9.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $16.00. Average price target assigned by them is $11.64 which highlights an upside potential of 43.13% for the stock over that period. And to attain the median price target of $11.00 assigned by those analysts, stock has to add about 39.82% of value to its current levels.
Data by FactSet Research shows that 9 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 6 analysts suggested the investors to Buy the stock while 3 advised them to Hold.
Over the week, EFXT’s stock price is moving 13.36% up while it is 37.92% when we observe its performance for the past one month. Year-to-date it is 9.42% up and over the past year, the stock is showing an upside performance of 9.28%.
Currently, Enerflex Ltd.’s total number of outstanding shares is 123.69M with 0.53% of that held by the insiders while 43.74% of its common stock has been owned by the institutions. Stock has a price to book (P/B) ratio of 0.58 while price to sale or P/S ratio amounts to 0.58.
A filing at the U.S. Securities and Exchange Commission revealed that T Rowe Price Small Cap Value Fund came shrinking its share ownership by -0.39% in the Enerflex Ltd. (EFXT) decreasing its stake to 4.27% with control over 20900.0 shares in the company. As per SEC documents, T Rowe Price Small Cap Value Fund sought 5,276,629 of company’s common stock of worth $27.28 million as per recent closing price of the stock. T Rowe Price Small Cap Value Fund is not the only institutional holder which restructured its stake in Enerflex Ltd., as Canoe EIT Income Fund picked 3,914,692 shares of worth $20.24 million to bring its holdings to a total of 0.78 million shares. In the most recent quarter, Dynamic Dividend Advantage Fund came rising its stake by 4.42% in the company and now holds 3.19 million or 2.58% of the company’s stake having worth of about 16.48 million.