Secure Energy Services Inc. (TSE:SES - Get Free Report) Senior Officer James Darryl Anderson sold 65,000 shares of the business's stock in a transaction on Friday, April 26th. The shares were sold at an average price of C$11.62, for a total value of C$755,300.00.
Secure Energy Services Price Performance
SES traded up C$0.03 on Friday, reaching C$11.59. The stock had a trading volume of 1,206,418 shares, compared to its average volume of 757,289. Secure Energy Services Inc. has a fifty-two week low of C$5.81 and a fifty-two week high of C$11.92. The firm has a 50-day moving average of C$11.29 and a 200-day moving average of C$9.71. The company has a current ratio of 2.52, a quick ratio of 1.10 and a debt-to-equity ratio of 92.92. The company has a market capitalization of C$3.25 billion, a price-to-earnings ratio of 17.83, a price-to-earnings-growth ratio of 0.17 and a beta of 2.58.
Secure Energy Services (TSE:SES - Get Free Report) last released its quarterly earnings results on Monday, February 26th. The company reported C$0.20 EPS for the quarter, meeting analysts' consensus estimates of C$0.20. Secure Energy Services had a return on equity of 15.91% and a net margin of 2.36%. The firm had revenue of C$451.00 million for the quarter, compared to analyst estimates of C$429.00 million. As a group, sell-side analysts anticipate that Secure Energy Services Inc. will post 0.6699029 EPS for the current year.
Secure Energy Services Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Monday, April 1st were given a dividend of $0.10 per share. The ex-dividend date was Thursday, March 28th. This represents a $0.40 annualized dividend and a dividend yield of 3.45%. Secure Energy Services's payout ratio is 61.54%.
Analyst Upgrades and Downgrades
SES has been the subject of several recent research reports. ATB Capital boosted their price target on Secure Energy Services from C$13.00 to C$14.00 and gave the company an "outperform" rating in a research note on Friday. Cormark upped their target price on Secure Energy Services from C$12.00 to C$14.00 and gave the company a "buy" rating in a research report on Tuesday, February 27th. Royal Bank of Canada upped their target price on Secure Energy Services from C$11.00 to C$12.00 and gave the company a "sector perform" rating in a research report on Tuesday, February 27th. CIBC upped their target price on Secure Energy Services from C$11.00 to C$12.00 and gave the company a "neutral" rating in a research report on Monday, April 22nd. Finally, Stifel Nicolaus upped their target price on Secure Energy Services from C$12.50 to C$13.50 and gave the company a "buy" rating in a research report on Thursday, April 18th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, Secure Energy Services has a consensus rating of "Moderate Buy" and an average target price of C$13.25.
Check Out Our Latest Report on Secure Energy Services
About Secure Energy Services
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Secure Energy Services Inc engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through three segments, Environmental Waste Management, Energy Infrastructure, and Oilfield Services. The Environmental Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer, and metal recycling facilities.
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