Enterprise Group (TSE:E) Shares Cross Below 200 Day Moving Average of $0.18

Shares of Enterprise Group Inc (TSE:E) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.18 and traded as low as $0.17. Enterprise Group shares last traded at $0.18, with a volume of 68,500 shares.

The firm has a market capitalization of $8.92 million and a P/E ratio of -1.41. The stock has a fifty day simple moving average of C$0.18 and a two-hundred day simple moving average of C$0.18. The company has a debt-to-equity ratio of 19.50, a current ratio of 2.56 and a quick ratio of 2.47.

Enterprise Group (TSE:E) last issued its earnings results on Thursday, August 8th. The company reported C($0.04) earnings per share for the quarter. The business had revenue of C$3.19 million during the quarter. As a group, sell-side analysts expect that Enterprise Group Inc will post -0.1538462 EPS for the current fiscal year.

In other news, Director Leonard Jaroszuk acquired 1,000,000 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was purchased at an average price of C$0.17 per share, for a total transaction of C$170,000.00. Following the completion of the acquisition, the director now directly owns 6,013,856 shares in the company, valued at approximately C$1,022,355.52. Also, Senior Officer Warren Cabral acquired 250,000 shares of the firm’s stock in a transaction dated Wednesday, August 21st. The shares were purchased at an average price of C$0.17 per share, with a total value of C$42,500.00. Following the acquisition, the insider now owns 1,068,500 shares of the company’s stock, valued at C$181,645. Over the last quarter, insiders acquired 1,300,000 shares of company stock valued at $221,625.

About Enterprise Group (TSE:E)

Enterprise Group, Inc operates as an equipment rental and construction services company in the energy and construction industries in Western Canada. The company primarily focuses on the specialty equipment rentals and service business. It rents trucks and heavy equipment, and flameless heating units, as well as offers oilfield infrastructure site services.

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