Secure Energy Services (SES) Trading Down 2.4%

Secure Energy Services Inc (TSE:SES) shares traded down 2.4% during trading on Tuesday . The company traded as low as C$9.48 and last traded at C$9.72. 277,539 shares were traded during mid-day trading, a decline of 28% from the average session volume of 385,313 shares. The stock had previously closed at C$9.49.

A number of research analysts recently commented on the company. TD Securities boosted their price target on Secure Energy Services from C$12.00 to C$12.50 and gave the company a “buy” rating in a research note on Friday, November 10th. GMP Securities boosted their price target on Secure Energy Services from C$11.50 to C$13.00 in a research note on Monday, November 13th. Finally, Canaccord Genuity boosted their price target on Secure Energy Services from C$11.00 to C$11.50 in a research note on Monday, November 13th.

The company has a market capitalization of $1,510.00, a PE ratio of -70.23 and a beta of 1.31.

Secure Energy Services (TSE:SES) last released its earnings results on Thursday, November 9th. The company reported C($0.01) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.04 by C($0.05). Secure Energy Services had a negative net margin of 0.03% and a negative return on equity of 0.08%.

The firm also recently announced a monthly dividend, which was paid on Monday, January 15th. Shareholders of record on Monday, January 1st were given a $0.023 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date of this dividend was Thursday, December 28th. This is a boost from Secure Energy Services’s previous monthly dividend of $0.02. Secure Energy Services’s payout ratio is currently -189.42%.

COPYRIGHT VIOLATION WARNING: This news story was reported by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this news story on another website, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this news story can be accessed at https://sportsperspectives.com/2018/01/16/secure-energy-services-ses-trading-down-2-4.html.

Secure Energy Services Company Profile

Secure Energy Services Inc is a Canada-based energy services company. It owns and operates midstream infrastructure and provides environmental services and products to upstream oil and natural gas companies operating in Western Canada and certain regions in the United States. It operates through three divisions.

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

Latest News

Leave a Reply