CES Energy Solutions Corp. (TSE:CEU) Director Stella Cosby Sells 2,349 Shares

CES Energy Solutions Corp. (TSE:CEU - Get Free Report) Director Stella Cosby sold 2,349 shares of the stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of C$6.78, for a total transaction of C$15,926.22.

CES Energy Solutions Price Performance

TSE CEU traded down C$0.09 during trading hours on Friday, reaching C$6.96. 261,229 shares of the stock traded hands, compared to its average volume of 635,697. The company has a debt-to-equity ratio of 57.26, a current ratio of 2.82 and a quick ratio of 1.78. The stock has a 50 day simple moving average of C$6.44 and a two-hundred day simple moving average of C$7.53. 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 market cap of C$1.56 billion, a price-to-earnings ratio of 8.12, a price-to-earnings-growth ratio of 0.61 and a beta of 2.31.

Wall Street Analyst Weigh In

CEU has been the subject of a number of recent analyst reports. Atb Cap Markets upgraded shares of CES Energy Solutions from a "hold" rating to a "strong-buy" rating in a research report on Friday, March 7th. TD Securities reduced their target price on CES Energy Solutions from C$11.00 to C$9.00 and set a "buy" rating for the company in a research report on Wednesday, April 16th. National Bank Financial upgraded CES Energy Solutions from a "hold" rating to a "strong-buy" rating in a research note on Wednesday. ATB Capital dropped 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 report on Monday, May 5th. Finally, National Bankshares raised shares of CES Energy Solutions from a "sector perform" rating to an "outperform" rating and set a C$14.50 target price on the stock in a research note on Thursday. Five equities research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average 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.