CES Energy Solutions Corp. (TSE:CEU - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$7.20 and traded as high as C$9.50. CES Energy Solutions shares last traded at C$9.48, with a volume of 519,525 shares.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on CEU. National Bankshares upgraded CES Energy Solutions from a "sector perform" rating to an "outperform" rating and set a C$14.50 target price for the company in a report on Thursday, July 3rd. National Bank Financial upgraded CES Energy Solutions from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 2nd. Two research analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. Based on data from MarketBeat, CES Energy Solutions presently has a consensus rating of "Buy" and an average target price of C$10.54.
View Our Latest Report on CEU
CES Energy Solutions Stock Performance
The company has a current ratio of 2.82, a quick ratio of 1.78 and a debt-to-equity ratio of 57.26. The firm has a market capitalization of C$2.08 billion, a price-to-earnings ratio of 11.85, a price-to-earnings-growth ratio of 0.61 and a beta of 0.97. The company has a 50-day moving average of C$8.26 and a 200-day moving average of C$7.20.
Insider Transactions at CES Energy Solutions
In related news, Senior Officer James Farnsworth Strickland sold 22,523 shares of the company's stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of C$6.86, for a total transaction of C$154,507.78. Also, Senior Officer David Allyn Burroughs sold 8,885 shares of the company's stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of C$6.86, for a total value of C$60,951.10. In the last quarter, insiders sold 58,949 shares of company stock valued at $405,106. 3.03% of the stock is currently owned by insiders.
About CES Energy Solutions
(
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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.
See Also
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