STEP Energy Services Ltd. (TSE:STEP) Senior Officer Sells C$12,516.62 in Stock

STEP Energy Services Ltd. (TSE:STEP) Senior Officer Tara Lynn Boucher sold 3,289 shares of the business’s stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of C$3.81, for a total value of C$12,516.62.

Tara Lynn Boucher also recently made the following trade(s):

• On Friday, March 21st, Tara Lynn Boucher sold 1,974 shares of STEP Energy Services stock. The stock was sold at an average price of C$4.20, for a total value of C$8,292.77.

STEP Energy Services Trading Up 3.9%

Shares of TSE:STEP opened at C$4.03 on Monday. STEP Energy Services Ltd. has a 12-month low of C$3.35 and a 12-month high of C$5.26. The stock has a market cap of C$288.37 million, a PE ratio of 6.98 and a beta of 2.07. The business has a 50 day moving average of C$3.98 and a 200-day moving average of C$4.38. The company has a quick ratio of 1.11, a current ratio of 1.39 and a debt-to-equity ratio of 22.04.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on STEP. Raymond James cut STEP Energy Services from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from C$5.50 to C$5.00 in a report on Wednesday, April 9th. Royal Bank of Canada reduced their price objective on STEP Energy Services from C$5.00 to C$4.25 and set a “sector perform” rating for the company in a report on Thursday, April 17th.

STEP Energy Services Company Profile

STEP Energy Services is an energy services company that provides coiled tubing, fluid and nitrogen pumping and hydraulic fracturing solutions. Our combination of modern equipment along with our commitment to safety and quality execution has differentiated STEP in plays where wells are deeper, have longer laterals and higher pressures.