STEP Energy Services (OTCMKTS:SNVVF) Trading Down 0.9% – Time to Sell?

STEP Energy Services Ltd. (OTCMKTS:SNVVF) shares dropped 0.9% on Friday . The company traded as low as $3.85 and last traded at $3.85. Approximately 3,400 shares were traded during mid-day trading, an increase of 8% from the average daily volume of 3,150 shares. The stock had previously closed at $3.89.

Wall Street Analysts Forecast Growth

SNVVF has been the subject of a number of research reports. Royal Bank Of Canada reissued a “sector perform” rating on shares of STEP Energy Services in a research report on Monday. Raymond James Financial restated a “market perform” rating on shares of STEP Energy Services in a research note on Friday, August 8th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

STEP Energy Services Stock Down 0.9%

The firm has a fifty day moving average price of $3.26 and a 200 day moving average price of $3.00.

STEP Energy Services Company Profile

STEP Energy Services Ltd., an energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. It also provides fluid pumping services for coiled tubing operations and involved in standalone projects; pipeline commissioning and maintenance services; fracturing logistics services; and laboratory services.