CES Energy Solutions Corp. (OTCMKTS:CESDF – Get Free Report) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $13.30 and traded as low as $12.70. CES Energy Solutions shares last traded at $12.70, with a volume of 3,002 shares changing hands.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on CESDF. TD Securities reissued a “hold” rating on shares of CES Energy Solutions in a research note on Friday, May 8th. National Bank Financial cut shares of CES Energy Solutions from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, May 12th. Royal Bank Of Canada reissued an “outperform” rating on shares of CES Energy Solutions in a research note on Monday, May 11th. Finally, Scotiabank reissued an “outperform” rating on shares of CES Energy Solutions in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.
Check Out Our Latest Research Report on CESDF
CES Energy Solutions Trading Down 3.6%
CES Energy Solutions Company Profile
CES Energy Solutions Corp. is a North American provider of specialty chemical solutions and services to the oil and gas industry. The company develops, manufactures and markets a comprehensive range of products used in drilling, completion, production and environmental applications. These offerings include drilling and completion fluids, production chemicals, proppants and solids control equipment, all designed to optimize well performance and minimize environmental impact.
Headquartered in Calgary, Alberta, CES Energy Solutions operates a network of manufacturing, blending and distribution facilities across Canada and the United States.
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