CES Energy Solutions Corp. (TSE:CEU – Get Rating) Senior Officer Kenneth Earl Zinger purchased 7,000 shares of the business's stock in a transaction on Friday, August 26th. The shares were bought at an average price of C$2.65 per share, for a total transaction of C$18,550.00. Following the acquisition, the insider now owns 1,426,273 shares in the company, valued at C$3,779,623.45.
Kenneth Earl Zinger also recently made the following trade(s):
Get CES Energy Solutions alerts:- On Thursday, August 18th, Kenneth Earl Zinger bought 4,750 shares of CES Energy Solutions stock. The shares were purchased at an average price of C$2.64 per share, for a total transaction of C$12,540.00.
- On Wednesday, June 22nd, Kenneth Earl Zinger purchased 4,222 shares of CES Energy Solutions stock. The stock was purchased 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 purchased at an average price of C$2.79 per share, for a total transaction of C$5,576.00.
CES Energy Solutions Stock Performance
TSE:CEU traded down C$0.04 during trading hours on Friday, reaching C$2.61. 514,550 shares of the company's stock were exchanged, compared to its average volume of 834,146. The company has a quick ratio of 1.68, a current ratio of 3.35 and a debt-to-equity ratio of 98.89. The firm has a market capitalization of C$668.89 million and a price-to-earnings ratio of 9.81. 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 50-day moving average of C$2.46 and a 200 day moving average of C$2.53.
CES Energy Solutions Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, July 15th. Shareholders 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 yield of 2.45%. CES Energy Solutions's payout ratio is 23.70%.Analyst Upgrades and Downgrades
Several equities analysts recently commented on the company. Stifel Nicolaus increased their target price on CES Energy Solutions from C$3.75 to C$4.50 in a report on Friday, August 12th. National Bankshares boosted their target price on CES Energy Solutions from C$3.50 to C$3.70 and gave the stock an "outperform" rating in a research note on Monday, August 15th. BMO Capital Markets increased their price target on shares of CES Energy Solutions from C$3.50 to C$4.00 in a research note on Friday, August 12th. ATB Capital raised their price objective on shares of CES Energy Solutions from C$4.25 to C$5.25 in a report on Friday, August 12th. Finally, Scotiabank upped their target price on shares of CES Energy Solutions from C$3.60 to C$3.90 in a report on Monday, August 15th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of C$4.28.
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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