CES Energy Solutions Corp. (TSE:CEU) Senior Officer Sells C$365,570.49 in Stock

CES Energy Solutions Corp. (TSE:CEU - Get Free Report) Senior Officer Anthony Michael Aulicino sold 50,563 shares of the company's stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of C$7.23, for a total transaction of C$365,570.49.

Anthony Michael Aulicino also recently made the following trade(s):

• On Thursday, January 2nd, Anthony Michael Aulicino sold 54,789 shares of CES Energy Solutions stock. The stock was sold at an average price of C$10.00, for a total transaction of C$547,890.00.

CES Energy Solutions Stock Down 0.3 %

TSE CEU traded down C$0.02 on Friday, reaching C$7.37. The company had a trading volume of 819,912 shares, compared to its average volume of 638,877. The firm has a market capitalization of C$1.65 billion, a PE ratio of 8.60, a P/E/G ratio of 0.61 and a beta of 2.31. The firm has a 50-day moving average of C$8.34 and a 200-day moving average of C$8.52. CES Energy Solutions Corp. has a 1 year low of C$4.59 and a 1 year high of C$10.20. The company has a debt-to-equity ratio of 57.26, a current ratio of 2.82 and a quick ratio of 1.78.

CES Energy Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th will be given a $0.0425 dividend. This is a boost from CES Energy Solutions's previous quarterly dividend of $0.03. This represents a $0.17 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date is Monday, March 31st. CES Energy Solutions's dividend payout ratio is presently 14.01%.

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Analyst Upgrades and Downgrades

CEU has been the topic of several research reports. National Bankshares lifted their target price on CES Energy Solutions from C$10.00 to C$11.50 and gave the company a "sector perform" rating in a report on Thursday, December 19th. ATB Capital upgraded shares of CES Energy Solutions from a "sector perform" rating to an "outperform" rating and set a C$11.00 price target on the stock in a report on Friday, March 7th. Finally, Atb Cap Markets upgraded shares of CES Energy Solutions from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 7th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of C$10.59.

CES Energy Solutions Company Profile

CES Energy Solutions Corp provides consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack, and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.