CES Energy Solutions Corp. (TSE:CEU – Get Free Report) insider James Farnsworth Strickland sold 4,044 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of C$16.04, for a total value of C$64,865.76. Following the transaction, the insider owned 38,231 shares of the company’s stock, valued at C$613,225.24. This trade represents a 9.57% decrease in their position.
CES Energy Solutions Price Performance
Shares of TSE:CEU traded down C$0.12 on Tuesday, hitting C$15.91. The stock had a trading volume of 230,023 shares, compared to its average volume of 825,174. CES Energy Solutions Corp. has a twelve month low of C$6.81 and a twelve month high of C$19.58. The company has a debt-to-equity ratio of 55.71, a quick ratio of 1.78 and a current ratio of 2.75. The firm’s 50 day moving average price is C$17.43 and its 200-day moving average price is C$16.29. The company has a market capitalization of C$3.35 billion, a price-to-earnings ratio of 16.40, a price-to-earnings-growth ratio of 0.61 and a beta of 0.51.
CES Energy Solutions (TSE:CEU – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported C$0.24 earnings per share for the quarter. The firm had revenue of C$681.51 million for the quarter. CES Energy Solutions had a net margin of 8.29% and a return on equity of 26.01%. On average, equities research analysts predict that CES Energy Solutions Corp. will post 0.8600646 earnings per share for the current year.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Analysis on CES Energy Solutions
About CES Energy Solutions
CES is a leading provider of technically advanced consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and finally through to the pipeline and midstream market. CES’ business model is relatively asset light and requires limited re-investment capital to grow. As a result, CES has been able to capitalize on the growing market demand for drilling fluids and production and specialty chemicals in North America while generating free cash flow.
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