Key Points
- Insider Catherine Victoria Reynolds purchased 1,508 Source Energy Services shares at an average C$13.80 per share, investing C$20,810.40 and increasing her stake by 6.34% to 25,293 shares.
- The purchase followed Reynolds’ sale of 5,000 shares at C$11.02 per share on September 17.
- Source Energy Services reported a quarterly loss of C$0.43 per share on C$137.12 million in revenue. Shares opened at C$9.93, versus a 12-month range of C$9.41 to C$18.74, while the company carried a high debt-to-equity ratio of 144.16.
Source Energy Services Ltd. (TSE:SHLE - Get Free Report) insider Catherine Victoria Reynolds acquired 1,508 shares of the firm's stock in a transaction dated Wednesday, September 30th. The shares were purchased at an average cost of C$13.80 per share, with a total value of C$20,810.40. Following the completion of the transaction, the insider owned 25,293 shares in the company, valued at approximately C$349,043.40. The trade was a 6.34% increase in their position.
Catherine Victoria Reynolds also recently made the following trade(s):
- On Thursday, September 17th, Catherine Victoria Reynolds sold 5,000 shares of Source Energy Services stock. The stock was sold at an average price of C$11.02, for a total transaction of C$55,100.00.
Source Energy Services Stock Performance
TSE:SHLE opened at C$9.93 on Thursday. The firm has a market capitalization of C$129.16 million, a PE ratio of -10.45 and a beta of 1.09. The business's fifty day moving average price is C$11.51 and its 200 day moving average price is C$13.54. The company has a debt-to-equity ratio of 144.16, a current ratio of 1.22 and a quick ratio of 0.22. Source Energy Services Ltd. has a 12 month low of C$9.41 and a 12 month high of C$18.74.
Source Energy Services (TSE:SHLE - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported C($0.43) earnings per share (EPS) for the quarter. The business had revenue of C$137.12 million for the quarter. Source Energy Services had a negative return on equity of 6.25% and a negative net margin of 2.21%. On average, sell-side analysts anticipate that Source Energy Services Ltd. will post 3.2287234 earnings per share for the current fiscal year.
Source Energy Services Company Profile
(
Get Free Report)
Source is a company that focuses on the integrated production and distribution of frac sand, as well as the distribution of other bulk completion materials not produced by Source. Source provides its customers with an end-to-end solution for frac sand supported by its Wisconsin and Peace River mines and processing facilities, its Western Canadian terminal network and its 'last mile' logistics capabilities, including its trucking operations, and Sahara, a proprietary well site mobile sand storage and handling system.
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