CES Energy Solutions Corp. (OTCMKTS:CESDF) Given Average Rating of “Moderate Buy” by Brokerages

CES Energy Solutions Corp. (OTCMKTS:CESDF) has been assigned a consensus rating of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company.

Several research firms recently commented on CESDF. Scotiabank reaffirmed an “outperform” rating on shares of CES Energy Solutions in a report on Monday, May 11th. Royal Bank Of Canada reissued an “outperform” rating on shares of CES Energy Solutions in a research note on Monday, May 11th. BMO Capital Markets upgraded shares of CES Energy Solutions from an “outperform” rating to an “outperform” rating in a research report on Wednesday, June 24th. National Bank Financial cut CES Energy Solutions from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, May 12th. Finally, TD Securities reissued a “hold” rating on shares of CES Energy Solutions in a research note on Friday, May 8th.

CES Energy Solutions Price Performance

CESDF stock opened at $11.80 on Friday. CES Energy Solutions has a one year low of $4.98 and a one year high of $14.25. The company’s 50 day moving average price is $12.15 and its two-hundred day moving average price is $12.01.

About CES Energy Solutions

CES Energy Solutions Corp. is a North American provider of specialty chemical solutions and services to the oil and gas industry. The company develops, manufactures and markets a comprehensive range of products used in drilling, completion, production and environmental applications. These offerings include drilling and completion fluids, production chemicals, proppants and solids control equipment, all designed to optimize well performance and minimize environmental impact.

Headquartered in Calgary, Alberta, CES Energy Solutions operates a network of manufacturing, blending and distribution facilities across Canada and the United States.