Source Energy Services Ltd. (TSE:SHLE - Get Free Report)'s share price rose 0.6% during trading on Monday . The company traded as high as C$14.65 and last traded at C$14.19. Approximately 51,794 shares were traded during mid-day trading, an increase of 48% from the average daily volume of 34,918 shares. The stock had previously closed at C$14.11.
Source Energy Services Stock Up 0.6%
The company has a debt-to-equity ratio of 126.37, a current ratio of 0.61 and a quick ratio of 0.22. The business has a 50 day moving average price of C$11.87 and a 200 day moving average price of C$11.95. The firm has a market capitalization of C$191.92 million, a P/E ratio of 1.13 and a beta of 2.82.
Insider Activity at Source Energy Services
In other news, Director Christopher Allen Johnson purchased 7,500 shares of the stock in a transaction that occurred on Wednesday, April 9th. The shares were purchased at an average cost of C$7.00 per share, for a total transaction of C$52,500.00. Insiders own 11.09% of the company's stock.
About Source Energy Services
(
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Source Energy Services Ltd. engages in the production and distribution of Northern White frac sand used primarily in oil and gas exploration and production in Canada and the United States. It also provides storage and logistics services for other bulk oil and gas well completion materials; and develops Sahara, a wellsite mobile sand storage and handling system.
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