CES Energy Solutions Corp. (TSE:CEU) Given Consensus Rating of “Buy” by Analysts

Shares of CES Energy Solutions Corp. (TSE:CEU) have received an average recommendation of “Buy” from the six analysts that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is C$10.54.

Several equities analysts recently commented on the stock. National Bank Financial raised shares of CES Energy Solutions from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 2nd. National Bankshares raised shares of CES Energy Solutions from a “sector perform” rating to an “outperform” rating and set a C$14.50 target price on the stock in a report on Thursday, July 3rd.

CES Energy Solutions Price Performance

CEU stock opened at C$9.07 on Friday. The company has a debt-to-equity ratio of 57.26, a quick ratio of 1.78 and a current ratio of 2.82. CES Energy Solutions has a 52 week low of C$5.59 and a 52 week high of C$10.20. The firm’s fifty day moving average is C$8.03 and its 200 day moving average is C$7.11. The firm has a market cap of C$1.99 billion, a P/E ratio of 11.34, a P/E/G ratio of 0.61 and a beta of 0.97.

Insider Activity at CES Energy Solutions

In other CES Energy Solutions news, Senior Officer James Farnsworth Strickland sold 22,523 shares of the stock in a transaction on Monday, July 7th. The shares were sold at an average price of C$6.86, for a total transaction of C$154,507.78. Also, Senior Officer Vernon James Disney sold 23,416 shares of the stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of C$6.78, for a total transaction of C$158,760.48. Insiders have sold 131,754 shares of company stock worth $898,724 in the last 90 days. Corporate insiders own 3.03% of the company’s stock.

CES Energy Solutions Company Profile

CES Energy Solutions Corp provides consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack, and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.