Kyle Kitagawa Sells 2,349 Shares of CES Energy Solutions Corp. (TSE:CEU) Stock

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

CES Energy Solutions Price Performance

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

Wall Street Analyst Weigh In

CEU has been the topic of a number of recent research reports. BMO Capital Markets cut their target price on CES Energy Solutions from C$10.00 to C$9.00 in a research note on Thursday, April 17th. TD Securities dropped their price objective 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. ATB Capital reduced 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 note on Monday, May 5th. National Bankshares upgraded shares of CES Energy Solutions from a "sector perform" rating to an "outperform" rating and set a C$14.50 price target on the stock in a research note on Thursday. Finally, Atb Cap Markets upgraded CES Energy Solutions from a "hold" rating to a "strong-buy" rating in a research report on Friday, March 7th. Five research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average 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.

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