STEP Energy Services Ltd. (TSE:STEP) Senior Officer Sells C$32,864.00 in Stock

STEP Energy Services Ltd. (TSE:STEP - Get Free Report) Senior Officer Rory John Will Thompson sold 7,900 shares of the firm's stock in a transaction on Friday, May 10th. The stock was sold at an average price of C$4.16, for a total transaction of C$32,864.00.

STEP Energy Services Stock Down 0.2 %

STEP stock traded down C$0.01 during midday trading on Monday, hitting C$4.26. 30,412 shares of the company's stock were exchanged, compared to its average volume of 121,400. The stock has a market capitalization of C$305.91 million, a price-to-earnings ratio of 6.25 and a beta of 2.17. The company has a current ratio of 1.37, a quick ratio of 1.11 and a debt-to-equity ratio of 32.47. The firm has a 50 day moving average price of C$3.93 and a 200-day moving average price of C$4.06. STEP Energy Services Ltd. has a 12-month low of C$2.63 and a 12-month high of C$4.82.

Analysts Set New Price Targets

A number of brokerages recently weighed in on STEP. ATB Capital dropped their price objective on STEP Energy Services from C$7.00 to C$6.50 in a report on Monday, April 8th. Stifel Nicolaus lifted their price objective on STEP Energy Services from C$4.50 to C$4.75 in a research report on Friday. Raymond James lowered their target price on STEP Energy Services from C$6.25 to C$5.50 and set an "outperform" rating on the stock in a report on Wednesday, March 13th. BMO Capital Markets increased their price objective on STEP Energy Services from C$4.75 to C$5.00 in a research note on Thursday. Finally, Royal Bank of Canada cut their price objective on shares of STEP Energy Services from C$5.50 to C$4.75 and set a "sector perform" rating for the company in a research report on Wednesday, March 13th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, STEP Energy Services currently has a consensus rating of "Hold" and a consensus target price of C$5.50.

STEP Energy Services Company Profile

STEP Energy Services Ltd., an energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. It also provides fluid pumping services for coiled tubing operations and involved in standalone projects; pipeline commissioning and maintenance services; fracturing logistics services; and laboratory services.