Cathedral Energy Services Ltd (CET) Stock Price Down 9.2%

Cathedral Energy Services Ltd (TSE:CET) shares traded down 9.2% on Friday . The stock traded as low as C$1.80 and last traded at C$1.68. 378,969 shares changed hands during mid-day trading, an increase of 23% from the average session volume of 307,579 shares. The stock had previously closed at C$1.85.

In other news, insider Dan Wilks purchased 62,000 shares of the firm’s stock in a transaction dated Friday, November 3rd. The shares were purchased at an average price of C$1.58 per share, with a total value of C$97,960.00. In the last ninety days, insiders bought 1,143,622 shares of company stock worth $1,630,873.

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Cathedral Energy Services Company Profile

Cathedral Energy Services Ltd is a Canada-based company, which is engaged in the business of providing selected oilfield services to oil and natural gas exploration and development entities in western Canada and the United States. The Company carries on its activities in Canada and the United States under the name Cathedral Energy Services with operating division Directional Drilling.

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