Ensign Energy Services (TSE:ESI) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Posted by Doug Wharley on Mar 25th, 2026

Ensign Energy Services Inc. (TSE:ESI – Get Free Report)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.82 and traded as high as C$3.74. Ensign Energy Services shares last traded at C$3.72, with a volume of 220,032 shares changing hands.

Wall Street Analysts Forecast Growth

ESI has been the topic of a number of research analyst reports. BMO Capital Markets lowered Ensign Energy Services from an “outperform” rating to a “hold” rating and set a C$3.50 price target on the stock. in a research report on Monday, December 15th. ATB Cormark Capital Markets cut their price objective on Ensign Energy Services from C$3.25 to C$3.00 and set a “sector perform” rating for the company in a research report on Friday, December 19th. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of C$2.90.

Get Our Latest Analysis on Ensign Energy Services

Ensign Energy Services Stock Performance

The stock has a market cap of C$674.33 million, a price-to-earnings ratio of -17.43, a P/E/G ratio of 202.94 and a beta of 1.37. The company has a current ratio of 1.34, a quick ratio of 1.30 and a debt-to-equity ratio of 75.33. The firm has a fifty day simple moving average of C$3.43 and a 200-day simple moving average of C$2.84.

Ensign Energy Services (TSE:ESI – Get Free Report) last released its earnings results on Friday, March 6th. The company reported C($0.07) EPS for the quarter. Ensign Energy Services had a negative net margin of 2.37% and a negative return on equity of 2.94%. The firm had revenue of C$418.81 million during the quarter. Analysts forecast that Ensign Energy Services Inc. will post 0.2901354 EPS for the current fiscal year.

About Ensign Energy Services

(Get Free Report)

Ensign Energy Services Inc offers services in drilling and well servicing, oil sands coring, directional drilling, underbalanced and managed pressure drilling, equipment rentals, transportation, wireline services, and production testing services. Ensign produces enhanced drilling with the help of its proprietary automated drilling rigs. The automated drilling rigs are built for improved safety and a reduced environmental footprint. Most of the company’s revenue is derived from the United States and Canada.