STEP Energy Services (TSE:STEP) Reaches New 12-Month High – What’s Next?

STEP Energy Services Ltd. (TSE:STEP) shares hit a new 52-week high on Tuesday . The stock traded as high as C$5.50 and last traded at C$5.48, with a volume of 6479 shares trading hands. The stock had previously closed at C$5.48.

STEP Energy Services Stock Performance

The business has a 50 day simple moving average of C$5.45 and a two-hundred day simple moving average of C$4.69. The company has a current ratio of 1.39, a quick ratio of 1.11 and a debt-to-equity ratio of 22.04. The company has a market cap of C$399.42 million, a PE ratio of -49.82 and a beta of 1.60.

STEP Energy Services (TSE:STEP) last announced its quarterly earnings data on Wednesday, November 5th. The company reported C$0.09 EPS for the quarter. The business had revenue of C$227.24 million during the quarter. STEP Energy Services had a return on equity of 10.51% and a net margin of 4.10%. On average, analysts forecast that STEP Energy Services Ltd. will post 1 EPS for the current fiscal year.

About STEP Energy Services

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.