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Secure Energy Services (TSE:SES) Stock Passes Below Two Hundred Day Moving Average - Should You Sell?

Secure Energy Services logo with Industrials background
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Secure Energy Services Inc. (TSE:SES - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$14.59 and traded as low as C$14.25. Secure Energy Services shares last traded at C$14.36, with a volume of 534,430 shares changing hands.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Royal Bank of Canada set a C$17.00 price objective on Secure Energy Services and gave the stock a "sector perform" rating in a research note on Thursday, December 19th. CIBC raised their price objective on Secure Energy Services from C$16.00 to C$17.25 in a research note on Tuesday, December 17th. Finally, Raymond James raised their price objective on Secure Energy Services from C$16.25 to C$18.00 in a research note on Monday, February 24th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of C$17.86.

Read Our Latest Research Report on SES

Secure Energy Services Trading Up 0.7 %

The firm has a market cap of C$3.44 billion, a price-to-earnings ratio of 5.80, a PEG ratio of 0.17 and a beta of 2.41. The company has a 50-day moving average price of C$14.92 and a 200 day moving average price of C$14.65. The company has a quick ratio of 1.10, a current ratio of 1.13 and a debt-to-equity ratio of 48.24.

About Secure Energy Services

(Get Free Report)

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.

See Also

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