Insider Selling: CES Energy Solutions Corp. (TSE:CEU) Senior Officer Sells 50,563 Shares of Stock

CES Energy Solutions Corp. (TSE:CEUGet Free Report) Senior Officer Anthony Michael Aulicino sold 50,563 shares of the firm’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of C$7.23, for a total value of C$365,570.49.

Anthony Michael Aulicino also recently made the following trade(s):

  • On Thursday, January 2nd, Anthony Michael Aulicino sold 54,789 shares of CES Energy Solutions stock. The shares were sold at an average price of C$10.00, for a total value of C$547,890.00.

CES Energy Solutions Stock Performance

Shares of TSE:CEU traded down C$0.01 during trading on Tuesday, hitting C$7.19. 333,878 shares of the stock were exchanged, compared to its average volume of 607,459. CES Energy Solutions Corp. has a 1-year low of C$4.59 and a 1-year high of C$10.20. The company has a market capitalization of C$1.61 billion, a price-to-earnings ratio of 8.39, a price-to-earnings-growth ratio of 0.61 and a beta of 2.31. The company’s fifty day simple moving average is C$8.54 and its 200-day simple moving average is C$8.54. The company has a debt-to-equity ratio of 57.26, a quick ratio of 1.78 and a current ratio of 2.82.

CES Energy Solutions Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be given a dividend of $0.0425 per share. This represents a $0.17 annualized dividend and a dividend yield of 2.36%. The ex-dividend date is Monday, March 31st. This is an increase from CES Energy Solutions’s previous quarterly dividend of $0.03. CES Energy Solutions’s dividend payout ratio (DPR) is 14.01%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on CEU shares. National Bankshares increased their price target on CES Energy Solutions from C$10.00 to C$11.50 and gave the company a “sector perform” rating in a research report on Thursday, December 19th. ATB Capital upgraded CES Energy Solutions from a “sector perform” rating to an “outperform” rating and set a C$11.00 price target for the company in a research report on Friday, March 7th. Finally, Atb Cap Markets upgraded CES Energy Solutions from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 7th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, CES Energy Solutions currently has a consensus rating of “Buy” and a consensus price target of C$10.59.

Read Our Latest Stock Report on CEU

About CES Energy Solutions

(Get Free Report)

CES Energy Solutions Corp provides consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack, and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.

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Insider Buying and Selling by Quarter for CES Energy Solutions (TSE:CEU)

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