This article was originally published on this site
August 10 was a positive day for Enerflex Ltd. (EFX:CA) as its stock finished the day having gained 9.37% to hit a price of $16.57 a share. The company reached a market cap of 1.47 billion and has 88.61 million shares outstanding. Enerflex Ltd. is a component of the the S&P/TSX SmallCap Index.
367,481 shares changed hands over the course of the day as compared to an average volume of 179,980 over the last 30 days for Enerflex Ltd..
Enerflex Ltd is a supplier of natural gas compression, oil and gas processing, refrigeration systems and electric power equipment – plus in-house engineering and mechanical services expertise.. The company makes its home in Calgary, AB, and is currently under the leadership of CEO J. Goertzen.
Enerflex Ltd. has hit a high of $19.08 and reached a low of $13.55 over its last year of trading. The stock’s 50-day SMA is now $14.44 and 200-day SMA is $15.20. As for its price valuations, the P/E ratio is at 16.1 and P/B is now 1.26.
Still paying commissions on stock trades? Equities.com now offers 100% commission free stock trading and flat-fee options trading for $89.95/month! Get started today by https://www.equities.com/trading
The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.
To get more information on Enerflex Ltd. and to follow the company’s latest updates, you can visit the company’s profile page here: EFX:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer