Insider Selling: STEP Energy Services Ltd. (TSE:STEP) Senior Officer Sells 4,191 Shares of Stock

STEP Energy Services Ltd. (TSE:STEP - Get Free Report) Senior Officer Klaas Siert Deemter sold 4,191 shares of the stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of C$3.81, for a total value of C$15,979.44.

Klaas Siert Deemter also recently made the following trade(s):

• On Thursday, May 22nd, Klaas Siert Deemter sold 185 shares of STEP Energy Services stock. The stock was sold at an average price of C$3.81, for a total transaction of C$704.04.

STEP Energy Services Price Performance

Shares of TSE:STEP traded up C$0.14 during trading hours on Thursday, hitting C$4.00. 25,943 shares of the company's stock traded hands, compared to its average volume of 49,867. The company's fifty day simple moving average is C$3.88 and its two-hundred day simple moving average is C$4.23. The company has a market cap of C$286.22 million, a price-to-earnings ratio of 6.93 and a beta of 2.07. The company has a debt-to-equity ratio of 22.04, a quick ratio of 1.11 and a current ratio of 1.39. STEP Energy Services Ltd. has a 52 week low of C$3.35 and a 52 week high of C$5.26.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Raymond James Financial downgraded shares of STEP Energy Services from an "outperform" rating to a "market perform" rating and dropped their price target for the stock from C$5.50 to C$5.00 in a research report on Wednesday, April 9th. Royal Bank Of Canada decreased their price target on STEP Energy Services from C$5.00 to C$4.25 and set a "sector perform" rating for the company in a research note on Thursday, April 17th.

STEP Energy Services Company Profile

STEP Energy Services is an energy services company that provides coiled tubing, fluid and nitrogen pumping and hydraulic fracturing solutions. Our combination of modern equipment along with our commitment to safety and quality execution has differentiated STEP in plays where wells are deeper, have longer laterals and higher pressures.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.