Secure Energy Services Inc. (TSE:SES) Receives Average Recommendation of "Moderate Buy" from Brokerages

Shares of Secure Energy Services Inc. (TSE:SES - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the nine research firms that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is C$17.86.

SES has been the topic of several research analyst reports. Royal Bank of Canada set a C$17.00 target price on shares of Secure Energy Services and gave the company a "sector perform" rating in a research note on Thursday, December 19th. Raymond James boosted their target price on Secure Energy Services from C$16.25 to C$18.00 in a report on Monday, February 24th. Finally, CIBC upped their target price on Secure Energy Services from C$16.00 to C$17.25 in a research report on Tuesday, December 17th.

Secure Energy Services Stock Performance

SES traded down C$0.02 during trading hours on Monday, hitting C$15.78. The company's stock had a trading volume of 880,061 shares, compared to its average volume of 819,299. The company has a 50-day simple moving average of C$14.84 and a 200 day simple moving average of C$14.80. The company has a current ratio of 1.13, a quick ratio of 1.10 and a debt-to-equity ratio of 48.24. The firm has a market capitalization of C$3.67 billion, a PE ratio of 6.18, a PEG ratio of 0.17 and a beta of 2.41. Secure Energy Services has a fifty-two week low of C$10.81 and a fifty-two week high of C$17.13.

About Secure Energy Services

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.