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Ensign Energy Services drops 2.7% on high volatility February 06, 2017 17:00 EST

Feb 06, 2017 - News Bites Canadian Markets


Ensign Energy Services Inc. (TSX:ESI), Canada's 2nd largest Oil & gas - drilling company by market cap, traded between an intraday low of CAD9.06 and a high of CAD9.54, suggesting a trading opportunity between peaks and troughs. The average daily volatility of 3.8% places the stock in the 3rd quartile in the market, meaning it is the mildly volatile. Today its volatility (highest price minus lowest price/lowest price) of 5.3% was 1.4 times the average daily vola...