Matthew Stephen Bell Sells 22,523 Shares of CES Energy Solutions Corp. (TSE:CEU) Stock

CES Energy Solutions Corp. (TSE:CEU - Get Free Report) Senior Officer Matthew Stephen Bell sold 22,523 shares of the business's stock in a transaction on Monday, July 7th. The stock was sold at an average price of C$6.86, for a total value of C$154,507.78.

CES Energy Solutions Trading Down 0.5%

Shares of CEU traded down C$0.04 on Monday, hitting C$7.31. 671,942 shares of the stock traded hands, compared to its average volume of 635,054. CES Energy Solutions Corp. has a 1 year low of C$5.59 and a 1 year high of C$10.20. The stock's 50 day moving average is C$6.54 and its two-hundred day moving average is C$7.41. The firm has a market capitalization of C$1.63 billion, a P/E ratio of 8.53, a P/E/G ratio of 0.61 and a beta of 2.31. The company has a quick ratio of 1.78, a current ratio of 2.82 and a debt-to-equity ratio of 57.26.

Analysts Set New Price Targets

Several research analysts have recently issued reports on CEU shares. Royal Bank Of Canada cut their price target on CES Energy Solutions from C$11.00 to C$10.00 and set an "outperform" rating for the company in a research note on Thursday, April 17th. TD Securities dropped their target price on shares of CES Energy Solutions from C$11.00 to C$9.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. National Bank Financial raised shares of CES Energy Solutions from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 2nd. BMO Capital Markets dropped their price objective on shares of CES Energy Solutions from C$10.00 to C$9.00 in a research note on Thursday, April 17th. Finally, ATB Capital reduced their target price on CES Energy Solutions from C$11.00 to C$10.00 and set an "outperform" rating on the stock in a research note 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 company's stock. Based on data from MarketBeat.com, CES Energy Solutions has a consensus rating of "Buy" and an average target price of C$10.54.

CES Energy Solutions Company Profile

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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