Source Energy Services (OTCMKTS:SCEYF) Shares Down 7.1% – Time to Sell?

Source Energy Services Ltd. (OTCMKTS:SCEYFGet Free Report) was down 7.1% on Wednesday . The company traded as low as $8.3020 and last traded at $8.35. Approximately 900 shares traded hands during mid-day trading, a decline of 57% from the average daily volume of 2,116 shares. The stock had previously closed at $8.99.

Source Energy Services Stock Down 7.1%

The firm has a fifty day moving average price of $9.78 and a 200-day moving average price of $9.43.

Source Energy Services Company Profile

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

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