STEP Energy Services (TSE:STEP) Shares Down 0.2% – Here’s Why

STEP Energy Services Ltd. (TSE:STEP)’s stock price traded down 0.2% during trading on Wednesday . The stock traded as low as C$5.49 and last traded at C$5.49. 6,456 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 35,283 shares. The stock had previously closed at C$5.50.

STEP Energy Services Stock Performance

The firm has a market cap of C$400.15 million, a P/E ratio of -49.91 and a beta of 1.60. The company has a debt-to-equity ratio of 15.31, a quick ratio of 1.11 and a current ratio of 1.67. The company’s 50 day moving average is C$5.49 and its 200 day moving average is C$5.48.

About STEP Energy Services

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. STEP has a high-performance, safety-focused culture and our experienced office and field professionals are committed to providing innovative, environmentally responsible, and cost-effective solutions to our clients.