CES Energy Solutions Corp (TSE:CEU) Director John Michael Hooks Sells 21,800 Shares

CES Energy Solutions Corp (TSE:CEU) Director John Michael Hooks sold 21,800 shares of the stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of C$2.07, for a total value of C$45,126.00. Following the completion of the sale, the director now directly owns 1,450,054 shares of the company’s stock, valued at C$3,001,611.78.

John Michael Hooks also recently made the following trade(s):

  • On Monday, January 13th, John Michael Hooks sold 25,000 shares of CES Energy Solutions stock. The stock was sold at an average price of C$1.97, for a total value of C$49,250.00.
  • On Tuesday, January 7th, John Michael Hooks sold 28,200 shares of CES Energy Solutions stock. The stock was sold at an average price of C$2.25, for a total value of C$63,450.00.

Shares of TSE CEU opened at C$2.11 on Friday. The company has a debt-to-equity ratio of 60.86, a quick ratio of 1.73 and a current ratio of 3.38. The firm has a market cap of $535.11 million and a price-to-earnings ratio of 17.58. The business’s 50-day simple moving average is C$2.15 and its 200-day simple moving average is C$2.02. CES Energy Solutions Corp has a 52 week low of C$1.68 and a 52 week high of C$3.48.

CES Energy Solutions (TSE:CEU) last issued its quarterly earnings data on Thursday, November 14th. The company reported C$0.03 EPS for the quarter, meeting the Zacks’ consensus estimate of C$0.03. The company had revenue of C$315.77 million for the quarter, compared to analyst estimates of C$311.33 million. As a group, equities research analysts forecast that CES Energy Solutions Corp will post 0.15 earnings per share for the current year.

CEU has been the topic of several research reports. National Bank Financial dropped their target price on CES Energy Solutions from C$3.50 to C$3.25 and set an “outperform” rating on the stock in a research report on Monday, November 25th. Canaccord Genuity upped their target price on CES Energy Solutions from C$3.25 to C$3.75 in a research report on Tuesday, January 14th. Finally, Raymond James set a C$3.25 target price on CES Energy Solutions and gave the stock a “strong-buy” rating in a research report on Friday, December 20th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of C$3.53.

CES Energy Solutions Company Profile

CES Energy Solutions Corp., together with its subsidiaries, provides consumable chemical solutions throughout the life-cycle of the oilfield. The company provides solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and through to the pipeline and midstream market.

Featured Article: What does cost of debt say about a company’s financial health?

Insider Buying and Selling by Quarter for CES Energy Solutions (TSE:CEU)

Receive News & Ratings for CES Energy Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CES Energy Solutions and related companies with MarketBeat.com's FREE daily email newsletter.