Source Energy Services Ltd. (TSE:SHLE – Get Free Report) insider Catherine Victoria Reynolds sold 4,500 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of C$14.72, for a total value of C$66,240.00. Following the sale, the insider directly owned 28,283 shares of the company’s stock, valued at approximately C$416,325.76. This trade represents a 13.73% decrease in their position.
Source Energy Services Stock Performance
Source Energy Services stock opened at C$13.64 on Monday. The company has a market cap of C$178.23 million, a price-to-earnings ratio of 27.84 and a beta of 0.92. Source Energy Services Ltd. has a 12 month low of C$10.34 and a 12 month high of C$18.74. The company has a debt-to-equity ratio of 142.54, a current ratio of 1.38 and a quick ratio of 0.22. The stock’s 50-day moving average is C$15.30 and its 200-day moving average is C$15.34.
Source Energy Services (TSE:SHLE – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported C($0.25) earnings per share (EPS) for the quarter. Source Energy Services had a return on equity of 2.93% and a net margin of 0.95%.The firm had revenue of C$160.22 million for the quarter. Equities analysts anticipate that Source Energy Services Ltd. will post 3.2287234 earnings per share for the current year.
About Source Energy Services
Source Energy Services Ltd is a Canada based company engaged in the production, supply, and distribution of Northern White frac sand, as well as the distribution of other bulk completion materials not produced by the company. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin mines and processing facilities, its Western Canadian terminal network and its last mile logistics capabilities. The company also offers storage and logistics services for other bulk oil and gas well completion materials and has developed Sahara, a proprietary wellsite mobile sand storage and handling system.
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