Secure Energy Services Inc. (TSE:SES) Given Consensus Rating of "Moderate Buy" by Brokerages

Secure Energy Services Inc. (TSE:SES - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the ten analysts that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is C$16.58.

A number of research firms recently weighed in on SES. ATB Capital upped their price target on Secure Energy Services from C$17.00 to C$18.00 and gave the stock an "outperform" rating in a report on Thursday, October 31st. Eight Capital lifted their target price on shares of Secure Energy Services from C$20.00 to C$22.00 and gave the stock a "buy" rating in a research note on Thursday, October 31st. CIBC boosted their price target on shares of Secure Energy Services from C$15.00 to C$16.00 and gave the stock a "neutral" rating in a research note on Thursday, October 31st. National Bankshares lifted their price objective 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. Finally, Raymond James increased their target price on Secure Energy Services from C$14.75 to C$15.25 and gave the company an "outperform" rating in a report on Thursday, October 31st.

Secure Energy Services Stock Performance

Secure Energy Services stock traded up C$0.04 during trading hours on Friday, hitting C$16.43. 792,967 shares of the stock traded hands, compared to its average volume of 712,760. Secure Energy Services has a 1 year low of C$8.66 and a 1 year high of C$17.13. The company has a debt-to-equity ratio of 52.03, a current ratio of 1.15 and a quick ratio of 1.10. The stock has a market capitalization of C$3.95 billion, a price-to-earnings ratio of 8.22, a P/E/G ratio of 0.17 and a beta of 2.41. The firm's 50 day moving average price is C$15.39 and its 200-day moving average price is C$13.06.

Secure Energy Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.43%. The ex-dividend date of this dividend was Tuesday, October 1st. Secure Energy Services's dividend payout ratio (DPR) is presently 20.00%.

Insider Buying and Selling at Secure Energy Services

In other Secure Energy Services news, insider James G. Coulter sold 8,574 shares of the company's stock in a transaction dated Monday, November 18th. The shares were sold at an average price of C$16.69, for a total transaction of C$143,117.21. Also, insider David Bonderman sold 2,995 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of C$16.33, for a total transaction of C$48,905.36. Over the last three months, insiders have sold 54,820 shares of company stock worth $805,315. 0.95% of the stock is owned by insiders.

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.