How to Buy Enerflex Stock
Enerflex Ltd
Enerflex is a oil & gas equipment & service company located in Canada (Federal Level), which is part of the Energy sector, and is traded under the ticker EFXT on the NYSE exchange.
Enerflex stock last closed at $4.24, up 3.67% from the previous day, and has decreased 30.49% in one year. It has underperformed other stocks in the Oil & Gas Equipment & Services industry by 0.37 percentage points. Enerflex stock is currently +7.61% from its 52-week low of $3.94, and -49.28% from its 52-week high of $8.36.
There are currently 123.89M shares of EFXT outstanding. The market cap of EFXT is $525.29M. In the past 24 hours, 25,001 EFXT shares were traded.
How to Buy Enerflex Stock
Wondering how to invest in Enerflex stock? Here's how.
- Decide where to buy Enerflex stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Enerflex stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your payment method and add your details.
- Research Enerflex stock: The Enerflex ticker symbol is EFXT. Is Enerflex stock a good investment? Should you buy shares of EFXT? How do EFXT's underlying business fundamentals look? Do top analysts think Enerflex is a good buy? Why has EFXT's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if EFXT is a good stock to buy).
- Place your EFXT trade: Decide if you will purchase EFXT shares at the current market price or use a limit order to purchase EFXT stock at a given price.
- Keep an eye on your EFXT investment: Create a watchlist to important notifications about your new investment in Enerflex shares.
Step 1: Decide where to buy Enerflex stock
You will need an online brokerage account to access the NYSE market and buy EFXT shares.
Our preferred brokerage: eToro
We believe that eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global financial markets: From Technology to Utilities, New York to Hong Kong — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, you need to fill out some personal info so you are able to invest in EFXT today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create your new trading account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have opened your account on the best stock app, your next step is to transfer the money for your investment:
Check out this video walkthrough for more details transferring money into your new brokerage account.
Step 4: Research Enerflex stock
After you have identified the best place to buy Enerflex stock, it's absolutely critical to research their stock prior to buying, so you actually understand the risk and upside.
Enerflex quick stats
Enerflex Fundamentals
WallStreetZen was created to help everyday investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on EFXT's stock page.
Is EFXT stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge EFXT's true value.
Using relative valuations methods:
- EFXT could be undervalued based on its P/B ratio of 0.47x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.62x
You can do additional valuation research on EFXT's stock here.
EFXT Financial Summary
Passed Health Checks:
- EFXT profit margin has gone up from -3.7% to -2.1% in the past year.
- There are more short-term assets than short-term liabilities on the EFXT balance sheet.
- EFXT has cash burn of 91044525. It has sufficient cash and short-term investments to cover this for at least one year.
- EFXT has $197.17M in cash and short term investments. This is enough to cover its annual cash burn of $91.04M.
Failed Health Checks:
- EFXT has a relatively high debt to equity ratio of 1.72.
- There are more long-term liabilities than short-term assets on the EFXT balance sheet.
You can dig deeper into what analysts are projecting on the Enerflex stock forecast page.
Metrics for Advanced EFXT Traders
EFXT Revenue
Last year, EFXT revenue was $2.24B. Over the last one years, EFXT's revenue has increased by 112.98% per year. This was faster than the Oil & Gas Equipment & Services industry average of 3.41%.
Find out more about EFXT's earnings and revenue performance here.
Who is buying/selling EFXT?
Over the past 12 months, insiders at EFXT have not bought or sold any shares.
Learn more about who owns EFXT stock here.
Can I rely on EFXT as an income stream?
No, Enerflex doesn't provide an income stream by paying out dividends.
What do other investors have to say about EFXT?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your EFXT trade
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, place a limit order.
Hit the Open Trade button and eToro will place your order.
If you need more info about buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your EFXT investment
Now that you own some shares in EFXT, you'll want to stay up-to-date on your new investment.
Create a watchlist to keep track of your EFXT stock.
EFXT Feed
How to Buy Stock in Enerflex
To summarize, here are the 6 steps you need to take to buy Enerflex stock right now:
- Decide where to buy Enerflex stock
- Sign up for your brokerage account
- Fund your brokerage account
- Research Enerflex stock
- Place your EFXT trade
- Keep an eye on your EFXT investment
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your investment in Enerflex, create a watchlist on WallStreetZen today.
Other Articles You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.