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Source Energy Services (TSE:SHLE) Stock Price Down 0.4% - Time to Sell?

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

Source Energy Services Price Performance

The company has a 50-day moving average of C$11.62 and a 200-day moving average of C$13.44. 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$103.87 million, a price-to-earnings ratio of 0.61 and a beta of 2.82.

Source Energy Services Company Profile

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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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