Source Energy Services (TSE:SHLE) Trading Down 0.4% – Should You Sell?

Source Energy Services Ltd. (TSE:SHLEGet Free Report)’s stock price 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 were traded 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 Price Performance

The stock has a 50-day simple moving average of C$11.99 and a 200 day simple moving average of C$13.48. The stock has a market capitalization of C$137.55 million, a P/E ratio of 0.81 and a beta of 2.82. The company has a debt-to-equity ratio of 126.37, a quick ratio of 0.22 and a current ratio of 0.61.

About Source Energy Services

(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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