CES Energy Solutions Corp. (TSE:CEU – Get Rating) Senior Officer Kenneth Earl Zinger acquired 4,750 shares of the business's stock in a transaction on Thursday, August 18th. The stock was acquired at an average price of C$2.64 per share, with a total value of C$12,540.00. Following the acquisition, the insider now owns 1,419,273 shares in the company, valued at approximately C$3,746,880.72.
Kenneth Earl Zinger also recently made the following trade(s):
Get CES Energy Solutions alerts:- On Wednesday, June 22nd, Kenneth Earl Zinger acquired 4,222 shares of CES Energy Solutions stock. The stock was acquired at an average price of C$2.38 per share, with a total value of C$10,048.36.
- On Monday, June 6th, Kenneth Earl Zinger acquired 2,000 shares of CES Energy Solutions stock. The stock was acquired at an average price of C$2.79 per share, with a total value of C$5,576.00.
CES Energy Solutions Stock Performance
CES Energy Solutions stock opened at C$2.61 on Monday. The firm has a 50 day simple moving average of C$2.45 and a 200-day simple moving average of C$2.52. CES Energy Solutions Corp. has a 1-year low of C$1.36 and a 1-year high of C$3.11. The company has a debt-to-equity ratio of 98.89, a current ratio of 3.35 and a quick ratio of 1.68. The stock has a market cap of C$668.89 million and a price-to-earnings ratio of 9.67.
CES Energy Solutions Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, July 15th. Investors of record on Thursday, June 30th were given a dividend of $0.016 per share. The ex-dividend date was Wednesday, June 29th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 2.45%. CES Energy Solutions's payout ratio is currently 23.70%.Wall Street Analysts Forecast Growth
A number of analysts have commented on CEU shares. ATB Capital increased their price objective on shares of CES Energy Solutions from C$4.25 to C$5.25 in a report on Friday, August 12th. Stifel Nicolaus increased their price objective on shares of CES Energy Solutions from C$3.75 to C$4.50 in a report on Friday, August 12th. TD Securities increased their price objective on shares of CES Energy Solutions from C$5.00 to C$5.50 and gave the company a "buy" rating in a report on Friday, August 12th. National Bankshares increased their price target on shares of CES Energy Solutions from C$3.50 to C$3.70 and gave the company an "outperform" rating in a research note on Monday, August 15th. Finally, National Bank Financial raised shares of CES Energy Solutions from a "sector perform overweight" rating to an "outperform overweight" rating in a research note on Monday, July 4th. Seven research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of C$4.09.
About CES Energy Solutions
(Get Rating)
CES Energy Solutions Corp., together with its subsidiaries, designs, implements, and manufactures advanced consumable fluids and specialty chemicals. It provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets. The company's solutions include corrosion inhibitors, demulsifiers, H2S scavengers, paraffin control products, surfactants, scale inhibitors, biocides, and other specialty products.
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