Ensign Energy Services (TSE:ESI) Shares Pass Above 200-Day Moving Average – Should You Sell?

Posted by Doug Wharley on Sep 20th, 2026

Ensign Energy Services Inc. (TSE:ESI – Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$3.70 and traded as high as C$3.82. Ensign Energy Services shares last traded at C$3.78, with a volume of 306,030 shares traded.

Analysts Set New Price Targets

Separately, TD reduced their price target on Ensign Energy Services from C$3.75 to C$3.50 and set a “hold” rating for the company in a report on Monday, July 13th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of C$3.75.

Read Our Latest Report on ESI

Ensign Energy Services Stock Down 0.8%

The stock’s fifty day simple moving average is C$3.62 and its two-hundred day simple moving average is C$3.70. The company has a debt-to-equity ratio of 73.88, a current ratio of 1.24 and a quick ratio of 1.30. The company has a market capitalization of C$696.76 million, a price-to-earnings ratio of -17.18, a PEG ratio of 202.94 and a beta of 1.33.

Ensign Energy Services (TSE:ESI – Get Free Report) last announced its quarterly earnings data on Friday, August 7th. The company reported C($0.07) earnings per share for the quarter. The business had revenue of C$397.33 million for the quarter. Ensign Energy Services had a negative net margin of 2.45% and a negative return on equity of 3.11%. On average, sell-side analysts predict that Ensign Energy Services Inc. will post 0.2901354 earnings per share for the current fiscal year.

About Ensign Energy Services

(Get Free Report)

Ensign is a global leader in oilfield services, headquartered out of Calgary, Alberta, operating in Canada, the United States and internationally. We are one of the world’s top land-based drilling and well servicing contractors serving crude oil, natural gas, and geothermal operators. Our premium services include contract drilling, directional drilling, underbalanced and managed pressure drilling, rental equipment and well servicing. Please visit our website at www.ensignenergy.com.