Ensign Energy Services Price Target Lowered to C3.25 at TD Securities - MarketBeat
| ESI Stock | CAD 3.12 0.04 1.27% |
About 61% of Ensign Energy's investor base is looking to short. The analysis of overall sentiment of trading Ensign Energy Services stock suggests that many investors are alarmed at this time. Ensign Energy's investing sentiment overview a quick insight into current market opportunities from investing in Ensign Energy Services. Many technical investors use Ensign Energy Services stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Ensign |
Ensign Energy Services Price Target Lowered to C3.25 at TD Securities MarketBeat
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Ensign Energy Fundamental Analysis
We analyze Ensign Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ensign Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ensign Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Owned By Institutions
Shares Owned By Institutions Comparative Analysis
Ensign Energy is currently under evaluation in shares owned by institutions category among its peers. Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Ensign Energy Services Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ensign Energy stock to make a market-neutral strategy. Peer analysis of Ensign Energy could also be used in its relative valuation, which is a method of valuing Ensign Energy by comparing valuation metrics with similar companies.
Peers
Ensign Energy Related Equities
| PD | Precision Drilling | 0.37 | ||||
| CFW | Calfrac Well | 0.25 | ||||
| TCW | Trican Well | 0.40 | ||||
| SES | Secure Energy | 2.18 | ||||
| NVA | NuVista Energy | 2.19 |
Other Information on Investing in Ensign Stock
Ensign Energy financial ratios help investors to determine whether Ensign Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ensign with respect to the benefits of owning Ensign Energy security.