Source Energy Services’ (SHLE) “Hold” Rating Reiterated at BMO Capital Markets

BMO Capital Markets restated their hold rating on shares of Source Energy Services (TSE:SHLEGet Rating) in a report released on Friday, TipRanks reports. They currently have a C$2.75 target price on the stock.

SHLE stock traded down C$0.01 during midday trading on Friday, hitting C$2.35. 4,351 shares of the stock were exchanged, compared to its average volume of 23,465. The stock’s 50-day moving average price is C$2.38 and its 200-day moving average price is C$2.13. The stock has a market cap of C$31.83 million and a price-to-earnings ratio of -1.30. Source Energy Services has a fifty-two week low of C$1.10 and a fifty-two week high of C$3.80. The company has a debt-to-equity ratio of 3,393.61, a quick ratio of 0.87 and a current ratio of 2.12.

Source Energy Services Company Profile (Get Rating)

Source Energy Services Ltd. produces, supplies, and distributes Northern White frac sand used primarily in oil and gas exploration and production in Western Canada and the United States. It also provides storage and logistics services for other bulk oil and gas well completion materials; and develops wellsite mobile sand storage and handling system.

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