Secure Energy Services Inc. (TSE:SES) Insider Sells C$216,235.93 in Stock

Secure Energy Services Inc. (TSE:SES) insider Llc Tpg Gp A sold 12,725 shares of Secure Energy Services stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of C$16.99, for a total value of C$216,235.93.

Llc Tpg Gp A also recently made the following trade(s):

• On Friday, November 15th, Llc Tpg Gp A sold 4,271 shares of Secure Energy Services stock. The shares were sold at an average price of C$16.50, for a total transaction of C$70,475.77.

Secure Energy Services Price Performance

Secure Energy Services stock opened at C$16.69 on Tuesday. The stock’s 50 day moving average is C$13.67 and its 200 day moving average is C$12.40. Secure Energy Services Inc. has a one year low of C$7.57 and a one year high of C$17.13. The firm has a market cap of C$4.02 billion, a P/E ratio of 8.35, a P/E/G ratio of 0.17 and a beta of 2.41. The company has a debt-to-equity ratio of 52.03, a current ratio of 1.15 and a quick ratio of 1.10.

Secure Energy Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were given a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.40%. Secure Energy Services’s dividend payout ratio (DPR) is currently 20.00%.

Analyst Ratings Changes

Several equities analysts recently commented on SES shares. BMO Capital Markets increased their price objective on shares of Secure Energy Services from C$17.00 to C$20.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. CIBC increased their price target on Secure Energy Services from C$15.00 to C$16.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Raymond James boosted their price objective on Secure Energy Services from C$14.75 to C$15.25 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Eight Capital increased their target price on Secure Energy Services from C$20.00 to C$22.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Finally, ATB Capital lifted their price target on Secure Energy Services from C$17.00 to C$18.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$16.58.

Secure Energy Services Company Profile

Secure Energy Services Inc engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through three segments, Environmental Waste Management, Energy Infrastructure, and Oilfield Services. The Environmental Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer, and metal recycling facilities.