Enterprise Group (TSE:E) Stock Passes Below 200-Day Moving Average – Here’s What Happened

Posted by Carolyn Dwyer on Mar 6th, 2025

Enterprise Group, Inc. (TSE:E – Get Free Report) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$2.04 and traded as low as C$1.83. Enterprise Group shares last traded at C$1.89, with a volume of 332,859 shares traded.

Analysts Set New Price Targets

A number of equities analysts have commented on E shares. Raymond James upgraded Enterprise Group to a “moderate buy” rating in a research note on Wednesday, February 5th. Fundamental Research set a C$2.75 price objective on Enterprise Group and gave the company a “buy” rating in a research report on Tuesday, December 10th.

Get Our Latest Stock Report on Enterprise Group

Enterprise Group Stock Performance

The stock has a market capitalization of C$145.53 million, a P/E ratio of 18.41 and a beta of 1.18. The stock has a 50 day moving average of C$2.25 and a 200 day moving average of C$2.04. The company has a debt-to-equity ratio of 51.73, a quick ratio of 3.18 and a current ratio of 3.85.

Enterprise Group Company Profile

(Get Free Report)

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.