Enterprise Group (TSE:E) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Enterprise Group, Inc. (TSE:E)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$1.70 and traded as high as C$1.89. Enterprise Group shares last traded at C$1.88, with a volume of 111,035 shares traded.

Analyst Ratings Changes

Separately, Fundamental Research set a C$2.75 price objective on shares of Enterprise Group and gave the company a “buy” rating in a report on Tuesday, December 10th.

Enterprise Group Stock Up 1.6 %

The firm has a 50-day moving average price of C$2.02 and a two-hundred day moving average price of C$1.70. 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 firm has a market cap of C$112.46 million, a price-to-earnings ratio of 13.43 and a beta of 1.18.

Insider Transactions at Enterprise Group

In other news, Director John Harld Charles Pinsent sold 60,000 shares of the firm’s stock in a transaction on Friday, October 11th. The shares were sold at an average price of C$2.31, for a total value of C$138,600.00. Insiders own 39.56% of the company’s stock.

Enterprise Group Company Profile

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.