Enterprise Group (TSE:E) Share Price Passes Below 200-Day Moving Average – What’s Next?

Shares of Enterprise Group, Inc. (TSE:EGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.35 and traded as low as C$1.20. Enterprise Group shares last traded at C$1.22, with a volume of 140,409 shares trading hands.

Analyst Ratings Changes

Separately, Fundamental Research set a C$2.38 target price on shares of Enterprise Group and gave the stock a “buy” rating in a report on Tuesday, November 18th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of C$2.59.

Get Our Latest Stock Analysis on Enterprise Group

Enterprise Group Stock Down 0.8%

The company has a 50-day moving average of C$1.33 and a 200-day moving average of C$1.35. The company has a current ratio of 3.85, a quick ratio of 3.18 and a debt-to-equity ratio of 51.73. The company has a market capitalization of C$94.63 million, a price-to-earnings ratio of 30.50 and a beta of 1.10.

Enterprise Group Company Profile

(Get Free Report)

Enterprise Group Inc is an equipment rental and construction services company operating in the energy and construction industries. Its focus is specialty equipment rentals. The company has a fleet of trucks and heavy equipment to provide rental services for heavy equipment, flameless heating units and oilfield site service infrastructure throughout Western Canada.

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