Source Energy Services (OTCMKTS:SCEYF) Shares Down 2.5% – Here’s Why

Source Energy Services Ltd. (OTCMKTS:SCEYFGet Free Report) shares fell 2.5% on Tuesday . The stock traded as low as $12.19 and last traded at $12.19. 500 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 1,620 shares. The stock had previously closed at $12.50.

Source Energy Services Stock Performance

The company’s fifty day moving average is $10.54 and its 200-day moving average is $10.18.

About Source Energy Services

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Source Energy Services Ltd. is an oilfield services company headquartered in Calgary, Alberta, providing specialized technical solutions to upstream oil and gas operators. The company focuses on enhancing well productivity and optimizing production performance through a suite of completion, stimulation, and production services. Its operations are centered on delivering innovative and cost-efficient offerings designed to improve hydrocarbon recovery and reduce environmental impact.

In its completion and stimulation segment, Source Energy Services offers hydraulic fracturing, coiled tubing, acidizing and chemical stimulation treatments.

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