Insider Selling: Secure Energy Services Inc. (TSE:SES) Insider Sells 4,271 Shares of Stock

Secure Energy Services Inc. (TSE:SES - Get Free Report) insider Llc Tpg Gp A sold 4,271 shares of the business's stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of C$16.50, for a total value of C$70,475.77.

Llc Tpg Gp A also recently made the following trade(s):

• On Tuesday, November 12th, Llc Tpg Gp A sold 12,725 shares of Secure Energy Services stock. The shares were sold at an average price of C$16.99, for a total value of C$216,235.93.

Secure Energy Services Stock Performance

Shares of TSE SES traded down C$0.01 during mid-day trading on Friday, hitting C$16.57. 385,100 shares of the company were exchanged, compared to its average volume of 711,081. The stock has a 50 day simple moving average of C$13.67 and a 200-day simple moving average of C$12.40. Secure Energy Services Inc. has a 1-year low of C$7.57 and a 1-year high of C$17.13. The company has a quick ratio of 1.10, a current ratio of 1.15 and a debt-to-equity ratio of 52.03. The firm has a market cap of C$3.99 billion, a price-to-earnings ratio of 8.29, a price-to-earnings-growth ratio of 0.17 and a beta of 2.41.

Secure Energy Services Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, October 1st. This represents a $0.40 annualized dividend and a dividend yield of 2.41%. Secure Energy Services's payout ratio is currently 20.00%.

Analysts Set New Price Targets

Several research firms have weighed in on SES. Eight Capital boosted their target price on shares of Secure Energy Services from C$20.00 to C$22.00 and gave the company a "buy" rating in a report on Thursday, October 31st. BMO Capital Markets raised their target price on Secure Energy Services from C$17.00 to C$20.00 and gave the stock an "outperform" rating in a research note on Thursday, October 31st. National Bankshares upped their price target on Secure Energy Services from C$14.00 to C$17.00 and gave the company an "outperform" rating in a research note on Thursday, October 31st. Scotiabank lifted their price target on shares of Secure Energy Services from C$16.00 to C$18.00 and gave the company an "outperform" rating in a research report on Thursday, October 31st. Finally, ATB Capital increased their price objective on shares of Secure Energy Services from C$17.00 to C$18.00 and gave the stock an "outperform" rating in a research report on Thursday, October 31st. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, Secure Energy Services presently has a consensus rating of "Moderate Buy" and a consensus target price of C$16.58.

Secure Energy Services Company Profile

Secure Energy Services Inc engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through three segments, Environmental Waste Management, Energy Infrastructure, and Oilfield Services. The Environmental Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer, and metal recycling facilities.