Free Trial

Source Energy Services (TSE:SHLE) Shares Up 2.1% - Here's Why

Source Energy Services logo with Energy background

Source Energy Services Ltd. (TSE:SHLE - Get Free Report) traded up 2.1% during trading on Monday . The company traded as high as C$11.78 and last traded at C$11.59. 14,455 shares traded hands during trading, a decline of 52% from the average session volume of 30,104 shares. The stock had previously closed at C$11.35.

Source Energy Services Trading Down 0.7%

The company has a quick ratio of 0.22, a current ratio of 0.61 and a debt-to-equity ratio of 126.37. The business's 50 day moving average is C$9.90 and its 200-day moving average is C$12.78. The firm has a market cap of C$156.48 million, a P/E ratio of 0.92 and a beta of 2.82.

Insider Transactions at Source Energy Services

In other Source Energy Services news, Director Christopher Allen Johnson purchased 7,500 shares of the business's stock in a transaction on Wednesday, April 9th. The stock was bought at an average cost of C$7.00 per share, with a total value of C$52,500.00. Over the last quarter, insiders bought 12,000 shares of company stock worth $97,745. Insiders own 11.09% of the company's stock.

Source Energy Services Company Profile

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Source Energy Services Right Now?

Before you consider Source Energy Services, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Source Energy Services wasn't on the list.

While Source Energy Services currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Stocks Set to Soar in Spring 2025 Cover

Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA’s Secret Picks? 3 Stocks Rising With the AI Giant
NVIDIA Earnings Preview: HUGE Stock Move Ahead
These 5 Small Stocks Could Deliver Huge Returns

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines