Essential Energy Services Ltd. (TSE:ESN – Get Rating)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.43 and traded as high as C$0.46. Essential Energy Services shares last traded at C$0.46, with a volume of 208,999 shares.
Separately, Raymond James downgraded Essential Energy Services from an “outperform” rating to a “hold” rating and set a C$0.60 price objective for the company. in a research report on Thursday, March 10th.
The business has a 50-day moving average of C$0.46 and a 200-day moving average of C$0.43. The company has a debt-to-equity ratio of 11.78, a quick ratio of 1.42 and a current ratio of 2.86. The stock has a market capitalization of C$63.79 million and a price-to-earnings ratio of -5.06.
Essential Energy Services Company Profile (TSE:ESN)
Essential Energy Services Ltd., together with its subsidiaries, provides oilfield services to oil and gas exploration and production companies. The company operates in two segments, Essential Coil Well Service (ECWS) and Tryton Tool Services (Tryton). The ECWS segment offers completion, production, and workover services with its fleet of coil tubing rigs, and fluid and nitrogen pumpers, as well as ancillary equipment.
- These Are the Three (3) Most Upgraded Stocks For Q2
- MarketBeat: Week in Review 5/23 – 5/27
- Short Sellers Provide Entry Into Hibbet, Inc At Rock Bottom Prices
- Affirm Stock Has Affirmed a Bottom
- Airbnb: Bold Competitive Threats & A New World of Travel
Receive News & Ratings for Essential Energy Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Essential Energy Services and related companies with MarketBeat.com's FREE daily email newsletter.