Key Points
- Insider sale: Catherine Victoria Reynolds sold 4,500 shares of Source Energy Services at an average price of C$14.72, worth about C$66,240. After the transaction, she still held 28,283 shares, a 13.73% reduction in her position.
- Stock performance and valuation: Source Energy Services opened at C$13.64 and was up 0.2% in the session. The stock is trading below its 50-day and 200-day moving averages, with a market cap of C$178.23 million and a P/E ratio of 27.84.
- Latest results: The company recently reported quarterly EPS of C$(0.25) on revenue of C$160.22 million. Analysts expect Source Energy Services to post 3.2287234 EPS for the current year.
Source Energy Services Ltd. (TSE:SHLE - Get Free Report) insider Catherine Victoria Reynolds sold 4,500 shares of the company's stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of C$14.72, for a total value of C$66,240.00. Following the completion of the sale, the insider owned 28,283 shares in the company, valued at C$416,325.76. This trade represents a 13.73% decrease in their position.
Source Energy Services Trading Up 0.2%
TSE SHLE opened at C$13.64 on Friday. The business's 50-day moving average price is C$15.30 and its two-hundred day moving average price is C$15.32. Source Energy Services Ltd. has a 12 month low of C$10.34 and a 12 month high of C$18.74. The firm has a market capitalization of C$178.23 million, a PE ratio of 27.84 and a beta of 0.92. The company has a current ratio of 1.38, a quick ratio of 0.22 and a debt-to-equity ratio of 142.54.
Source Energy Services (TSE:SHLE - Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported C($0.25) EPS for the quarter. Source Energy Services had a net margin of 0.95% and a return on equity of 2.93%. The company had revenue of C$160.22 million during the quarter. On average, analysts expect that Source Energy Services Ltd. will post 3.2287234 EPS for the current year.
About Source Energy Services
(
Get Free Report)
Source Energy Services Ltd is a Canada based company engaged in the production, supply, and distribution of Northern White frac sand, as well as the distribution of other bulk completion materials not produced by the company. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin mines and processing facilities, its Western Canadian terminal network and its last mile logistics capabilities. The company also offers storage and logistics services for other bulk oil and gas well completion materials and has developed Sahara, a proprietary wellsite mobile sand storage and handling system.
Further Reading
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