CES Energy Solutions (OTCMKTS:CESDF) Stock Crosses Below 50 Day Moving Average of $1.49

CES Energy Solutions Corp. (OTCMKTS:CESDF)’s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $1.49 and traded as low as $1.32. CES Energy Solutions shares last traded at $1.33, with a volume of 4,315 shares.

Several analysts recently issued reports on CESDF shares. Raymond James raised their price target on CES Energy Solutions from $2.15 to $2.50 and gave the stock a “strong-buy” rating in a report on Thursday, May 13th. TD Securities raised their price target on CES Energy Solutions from $3.00 to $3.50 and gave the stock a “buy” rating in a report on Thursday, May 13th. One research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $2.52.

The business’s 50-day moving average is $1.49.

CES Energy Solutions Company Profile (OTCMKTS:CESDF)

CES Energy Solutions Corp., together with its subsidiaries, provides consumable chemical solutions throughout the life-cycle of the oilfield. It 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.

See Also: Moving Average (MA)

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