Insider Selling: CES Energy Solutions Corp. (TSE:CEU) Senior Officer Sells 11,119 Shares of Stock

CES Energy Solutions Corp. (TSE:CEU - Get Free Report) Senior Officer Anthony Michael Aulicino sold 11,119 shares of the stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of C$6.78, for a total transaction of C$75,386.82.

CES Energy Solutions Trading Down 1.3%

CEU traded down C$0.09 on Friday, hitting C$6.96. 261,229 shares of the company were exchanged, compared to its average volume of 635,697. The company has a debt-to-equity ratio of 57.26, a quick ratio of 1.78 and a current ratio of 2.82. The firm has a fifty day simple moving average of C$6.44 and a two-hundred day simple moving average of C$7.51. The stock has a market capitalization of C$1.56 billion, a PE ratio of 8.12, a price-to-earnings-growth ratio of 0.61 and a beta of 2.31. CES Energy Solutions Corp. has a 12 month low of C$5.59 and a 12 month high of C$10.20.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. BMO Capital Markets decreased their price target on shares of CES Energy Solutions from C$10.00 to C$9.00 in a report on Thursday, April 17th. TD Securities decreased their target price on CES Energy Solutions from C$11.00 to C$9.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. National Bank Financial upgraded CES Energy Solutions from a "hold" rating to a "strong-buy" rating in a research report on Wednesday. National Bankshares upgraded shares of CES Energy Solutions from a "sector perform" rating to an "outperform" rating and set a C$14.50 price objective on the stock in a research report on Thursday. Finally, ATB Capital dropped their target price on shares of CES Energy Solutions from C$11.00 to C$10.00 and set an "outperform" rating for the company in a research report on Monday, May 5th. Five investment analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target 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.