Enterprise Group (TSE:E) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Enterprise Group, Inc. (TSE:EGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.30 and traded as low as C$1.26. Enterprise Group shares last traded at C$1.27, with a volume of 144,348 shares traded.

Analyst Ratings Changes

Several equities analysts have recently issued reports on E shares. Fundamental Research set a C$2.10 price target on shares of Enterprise Group and gave the company a “buy” rating in a report on Tuesday, March 24th. Raymond James Financial downgraded shares of Enterprise Group from an “outperform” rating to a “market perform” rating and reduced their price target for the company from C$2.00 to C$1.50 in a report on Monday, March 16th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$1.80.

Check Out Our Latest Research Report on E

Enterprise Group Trading Down 1.6%

The company has a market cap of C$103.14 million, a price-to-earnings ratio of 42.33 and a beta of 0.73. The company has a debt-to-equity ratio of 32.34, a current ratio of 3.31 and a quick ratio of 3.18. The firm’s fifty day moving average price is C$1.28 and its 200-day moving average price is C$1.30.

Enterprise Group (TSE:EGet Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported C$0.03 earnings per share for the quarter. The business had revenue of C$12.00 million during the quarter. Enterprise Group had a net margin of 7.79% and a return on equity of 3.39%. On average, equities analysts expect that Enterprise Group, Inc. will post 0.203 EPS for the current fiscal year.

About Enterprise Group

(Get Free Report)

Enterprise Group, Inc is a consolidator of services-including specialized equipment rental to the energy/resource sector. The Company works with particular emphasis on systems and technologies that mitigate, reduce, or eliminate CO2 and Greenhouse Gas and other harmful emissions for itself and its clients. The Company is well known to local Tier One and international resource companies with operations in Western Canada.

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