Moreover, the 36-month beta value for EFXT is 1.68. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for EFXT is 122.85M and currently, short sellers hold a 0.16% of that float. On May 09, 2024, EFXT’s average trading volume was 289.03K shares.
EFXT) stock’s latest price update
The stock price of Enerflex Ltd (NYSE: EFXT) has dropped by -21.77 compared to previous close of 6.11. Despite this, the company has seen a fall of -18.98% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-07 that Enerflex (EFXT) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of $0.10. This compares to earnings of $0.08 per share a year ago.
EFXT’s Market Performance
Enerflex Ltd (EFXT) has seen a -18.98% fall in stock performance for the week, with a -21.12% decline in the past month and a -5.72% plunge in the past quarter. The volatility ratio for the week is 6.26%, and the volatility levels for the past 30 days are at 4.24% for EFXT. The simple moving average for the last 20 days is -19.03% for EFXT’s stock, with a simple moving average of -11.67% for the last 200 days.
Analysts’ Opinion of EFXT
BMO Capital Markets, on the other hand, stated in their research note that they expect to see EFXT reach a price target of $11, previously predicting the price at $13. The rating they have provided for EFXT stocks is “Market Perform” according to the report published on August 10th, 2023.
EFXT Trading at -19.88% from the 50-Day Moving Average
After a stumble in the market that brought EFXT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -42.82% of loss for the given period.
Volatility was left at 4.24%, however, over the last 30 days, the volatility rate increased by 6.26%, as shares sank -21.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.77% lower at present.
During the last 5 trading sessions, EFXT fell by -18.98%, which changed the moving average for the period of 200-days by -40.10% in comparison to the 20-day moving average, which settled at $5.84. In addition, Enerflex Ltd saw 2.36% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for EFXT
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.18 for the gross margin
The net margin for Enerflex Ltd stands at -0.04. The total capital return value is set at 0.08. Equity return is now at value -10.06, with -3.59 for asset returns.
Based on Enerflex Ltd (EFXT), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 0.89. The interest coverage ratio of the stock is 1.33.
Currently, EBITDA for the company is 551.66 million with net debt to EBITDA at 2.34. When we switch over and look at the enterprise to sales, we see a ratio of 0.63. The receivables turnover for the company is 3.87for trailing twelve months and the total asset turnover is 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.16.
Conclusion
To wrap up, the performance of Enerflex Ltd (EFXT) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
