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Insider Buying: Source Energy Services Ltd. (TSE:SHLE) Senior Officer Purchases 2,000 Shares of Stock

Source Energy Services logo with Energy background
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Source Energy Services Ltd. (TSE:SHLE - Get Free Report) Senior Officer Derren James Newell bought 2,000 shares of the company's stock in a transaction that occurred on Wednesday, March 5th. The shares were bought at an average cost of C$10.31 per share, for a total transaction of C$20,620.00.

Source Energy Services Stock Performance

SHLE stock traded up C$0.12 on Friday, reaching C$9.61. 22,971 shares of the company were exchanged, compared to its average volume of 27,615. Source Energy Services Ltd. has a 12 month low of C$9.14 and a 12 month high of C$18.45. The stock's fifty day moving average price is C$13.79 and its 200 day moving average price is C$13.84. The firm has a market capitalization of C$129.97 million, a PE ratio of 0.77 and a beta of 2.82. The company has a debt-to-equity ratio of 126.37, a current ratio of 0.61 and a quick ratio of 0.22.

About Source Energy Services

(Get Free Report)

Source Energy Services Ltd. engages in the production and distribution of Northern White frac sand used primarily in oil and gas exploration and production in Canada and the United States. It also provides storage and logistics services for other bulk oil and gas well completion materials; and develops Sahara, a wellsite mobile sand storage and handling system.

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