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Source Energy Services (TSE:SHLE) Shares Down 0.4% - Should You Sell?

Source Energy Services logo with Energy background
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Source Energy Services Ltd. (TSE:SHLE - Get Free Report) was down 0.4% during mid-day trading on Monday . The stock traded as low as C$9.96 and last traded at C$10.17. Approximately 46,817 shares changed hands during trading, an increase of 64% from the average daily volume of 28,586 shares. The stock had previously closed at C$10.21.

Source Energy Services Trading Down 2.9 %

The company has a debt-to-equity ratio of 126.37, a quick ratio of 0.22 and a current ratio of 0.61. The firm has a market capitalization of C$103.47 million, a price-to-earnings ratio of 0.61 and a beta of 2.82. The business has a fifty day moving average price of C$11.32 and a 200 day moving average price of C$13.39.

Source Energy Services Company Profile

(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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