Enterprise Group (TSE:E) Trading Down 3.1%

Shares of Enterprise Group, Inc. (TSE:E) were down 3.1% during trading on Monday . The company traded as low as C$2.12 and last traded at C$2.17. Approximately 7,000 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 213,303 shares. The stock had previously closed at C$2.24.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on E. Fundamental Research set a C$1.90 price target on shares of Enterprise Group and gave the stock a “buy” rating in a research report on Tuesday, August 20th. Acumen Capital set a C$2.00 target price on shares of Enterprise Group and gave the company a “buy” rating in a report on Monday, August 19th.

Enterprise Group Stock Performance

The firm’s 50 day simple moving average is C$1.53 and its 200-day simple moving average is C$1.28. The company has a debt-to-equity ratio of 52.75, a quick ratio of 3.18 and a current ratio of 4.17. The company has a market cap of C$128.01 million, a price-to-earnings ratio of 14.93 and a beta of 1.18.

About Enterprise Group

Enterprise Group, Inc, through its subsidiaries, operates as an equipment rental and construction services company in Canada. The company engages in the specialty equipment rental business. It also rents flameless heaters to the construction, and oil and gas industries. In addition, the company offers oilfield infrastructure site and rental services, including modular/combo equipment, such as fuel, generator, light stand, sewage treatment, medic security, and truck trailer combos.