Insider Selling: CES Energy Solutions Corp. (TSE:CEU) Senior Officer Sells C$211,685.16 in Stock

CES Energy Solutions Corp. (TSE:CEU) Senior Officer Kenneth Earl Zinger sold 31,222 shares of the firm’s stock in a transaction that occurred on Wednesday, July 2nd. The shares were sold at an average price of C$6.78, for a total value of C$211,685.16.

Kenneth Earl Zinger also recently made the following trade(s):

• On Monday, April 7th, Kenneth Earl Zinger purchased 5,000 shares of CES Energy Solutions stock. The stock was acquired at an average cost of C$6.00 per share, for a total transaction of C$30,000.00.
• On Friday, April 4th, Kenneth Earl Zinger purchased 10,000 shares of CES Energy Solutions stock. The stock was acquired at an average cost of C$6.06 per share, for a total transaction of C$60,600.00.

CES Energy Solutions Price Performance

Shares of TSE:CEU opened at C$6.96 on Friday. CES Energy Solutions Corp. has a 1-year low of C$5.59 and a 1-year high of C$10.20. The firm has a market capitalization of C$1.56 billion, a PE ratio of 8.12, a PEG ratio of 0.61 and a beta of 2.31. The business’s 50 day moving average is C$6.44 and its 200-day moving average is C$7.51. The company has a current ratio of 2.82, a quick ratio of 1.78 and a debt-to-equity ratio of 57.26.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Royal Bank Of Canada dropped their price target on CES Energy Solutions from C$11.00 to C$10.00 and set an “outperform” rating on the stock in a research report on Thursday, April 17th. National Bank Financial raised CES Energy Solutions from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. BMO Capital Markets dropped their price target on CES Energy Solutions from C$10.00 to C$9.00 in a research report on Thursday, April 17th. ATB Capital dropped their price target on CES Energy Solutions from C$11.00 to C$10.00 and set an “outperform” rating on the stock in a research report on Monday, May 5th. Finally, TD Securities dropped their price target on CES Energy Solutions from C$11.00 to C$9.00 and set a “buy” rating on the stock in a research report on Wednesday, April 16th. Five investment analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of C$10.54.

About CES Energy Solutions

CES Energy Solutions Corp provides consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack, and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.