CES Energy Solutions Corp. (TSE:CEU) Director John Michael Hooks Sells 2,349 Shares

CES Energy Solutions Corp. (TSE:CEU - Get Free Report) Director John Michael Hooks sold 2,349 shares of the business's stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of C$6.78, for a total transaction of C$15,926.22.

CES Energy Solutions Trading Up 4.3%

Shares of TSE:CEU traded up C$0.29 on Thursday, hitting C$7.05. The company had a trading volume of 878,680 shares, compared to its average volume of 637,953. The firm's 50-day simple moving average is C$6.41 and its two-hundred day simple moving average is C$7.56. The firm has a market capitalization of C$1.58 billion, a price-to-earnings ratio of 8.23, a P/E/G ratio of 0.61 and a beta of 2.31. The company has a quick ratio of 1.78, a current ratio of 2.82 and a debt-to-equity ratio of 57.26. CES Energy Solutions Corp. has a 1 year low of C$5.59 and a 1 year high of C$10.20.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on CEU shares. Royal Bank Of Canada reduced their price objective on CES Energy Solutions from C$11.00 to C$10.00 and set an "outperform" rating on the stock in a research report on Thursday, April 17th. BMO Capital Markets decreased their price objective on CES Energy Solutions from C$10.00 to C$9.00 in a report on Thursday, April 17th. ATB Capital reduced their price target on CES Energy Solutions from C$11.00 to C$10.00 and set an "outperform" rating on the stock in a research report on Monday, May 5th. TD Securities cut their target price on shares of CES Energy Solutions from C$11.00 to C$9.00 and set a "buy" rating on the stock in a report on Wednesday, April 16th. Finally, Atb Cap Markets raised shares of CES Energy Solutions from a "hold" rating to a "strong-buy" rating in a report on Friday, March 7th. Five equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of C$10.54.

About CES Energy Solutions

CES Energy Solutions Corp provides consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack, and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.

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