Insider Selling: STEP Energy Services Ltd. (TSE:STEP) Senior Officer Sells 3,289 Shares of Stock

STEP Energy Services Ltd. (TSE:STEP - Get Free Report) Senior Officer Tara Lynn Boucher sold 3,289 shares of the company's stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of C$3.81, for a total transaction of C$12,516.62.

Tara Lynn Boucher also recently made the following trade(s):

• On Friday, March 21st, Tara Lynn Boucher sold 1,974 shares of STEP Energy Services stock. The shares were sold at an average price of C$4.20, for a total transaction of C$8,292.77.

STEP Energy Services Stock Down 0.7%

Shares of TSE:STEP traded down C$0.03 during trading on Tuesday, reaching C$4.00. 3,096 shares of the stock were exchanged, compared to its average volume of 55,304. The firm has a market cap of C$286.22 million, a price-to-earnings ratio of 6.93 and a beta of 2.07. The company has a debt-to-equity ratio of 22.04, a current ratio of 1.39 and a quick ratio of 1.11. STEP Energy Services Ltd. has a 1-year low of C$3.35 and a 1-year high of C$5.26. The stock has a fifty day moving average of C$3.97 and a two-hundred day moving average of C$4.37.

Wall Street Analyst Weigh In

Several research firms recently issued reports on STEP. Royal Bank of Canada decreased their target price on STEP Energy Services from C$5.00 to C$4.25 and set a "sector perform" rating on the stock in a research note on Thursday, April 17th. Raymond James cut STEP Energy Services from an "outperform" rating to a "market perform" rating and lowered their target price for the company from C$5.50 to C$5.00 in a report on Wednesday, April 9th.

STEP Energy Services Company Profile

STEP Energy Services is an energy services company that provides coiled tubing, fluid and nitrogen pumping and hydraulic fracturing solutions. Our combination of modern equipment along with our commitment to safety and quality execution has differentiated STEP in plays where wells are deeper, have longer laterals and higher pressures.