CES Energy Solutions Corp. (TSE:CEU) Senior Officer Vernon James Disney Sells 23,416 Shares

CES Energy Solutions Corp. (TSE:CEU - Get Free Report) Senior Officer Vernon James Disney sold 23,416 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 value of C$158,760.48.

CES Energy Solutions Stock Performance

CES Energy Solutions stock remained flat at C$7.05 during mid-day trading on Friday. The company's stock had a trading volume of 92,205 shares, compared to its average volume of 638,646. The company has a fifty day simple moving average of C$6.43 and a 200-day simple moving average of C$7.54. CES Energy Solutions Corp. has a 12-month low of C$5.59 and a 12-month high of C$10.20. The company has a debt-to-equity ratio of 57.26, a current ratio of 2.82 and a quick ratio of 1.78. The stock has a market cap of C$1.58 billion, a price-to-earnings ratio of 8.23, a PEG ratio of 0.61 and a beta of 2.31.

Wall Street Analyst Weigh In

A number of analysts have issued reports on CEU shares. Royal Bank Of Canada cut their price objective on shares of CES Energy Solutions from C$11.00 to C$10.00 and set an "outperform" rating for the company in a report on Thursday, April 17th. ATB Capital lowered their price objective 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. TD Securities dropped their target price on CES Energy Solutions from C$11.00 to C$9.00 and set a "buy" rating for the company in a research report on Wednesday, April 16th. National Bankshares raised 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 note on Thursday. Finally, Atb Cap Markets raised shares of CES Energy Solutions from a "hold" rating to a "strong-buy" rating in a research report on Friday, March 7th. Five equities research analysts have rated the stock with a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, CES Energy Solutions currently has a consensus 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.