Essential Energy Services Ltd. (OTCMKTS:EEYUF)’s stock price fell 1.3% during mid-day trading on Tuesday . The company traded as low as $0.24 and last traded at $0.24. 5,000 shares were traded during mid-day trading, a decline of 90% from the average session volume of 51,355 shares. The stock had previously closed at $0.24.
Separately, Raymond James lifted their price target on Essential Energy Services from C$0.45 to C$0.55 and gave the stock an “outperform” rating in a research note on Friday, August 6th.
The stock has a 50 day simple moving average of $0.27 and a two-hundred day simple moving average of $0.27.
Essential Energy Services Ltd. engages in the provision of oilfield services to oil and natural gas exploration and production companies. It operates through the Essential Coil Well Service (ECWS) and Tryton, and Corporate segments. The ECWS segment offers completion, production services and comprises fleet of coil tubing rigs, fluid and nitrogen pumpers, and ancillary equipment.
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