Secure Energy Services (SES) Stock Price Down 2.4%

Secure Energy Services Inc (TSE:SES) dropped 2.4% during trading on Tuesday . The company traded as low as C$9.48 and last traded at C$9.72. Approximately 277,539 shares changed hands during trading, a decline of 28% from the average daily volume of 385,313 shares. The stock had previously closed at C$9.49.

A number of research firms have recently issued reports on SES. Canaccord Genuity increased their target price on Secure Energy Services from C$11.00 to C$11.50 in a report on Monday, November 13th. TD Securities increased their target price on Secure Energy Services from C$12.00 to C$12.50 and gave the company a “buy” rating in a report on Friday, November 10th. Finally, GMP Securities increased their target price on Secure Energy Services from C$11.50 to C$13.00 in a report on Monday, November 13th.

The firm has a market cap of $1,510.00, a price-to-earnings ratio of -70.77 and a beta of 1.31.

Secure Energy Services (TSE:SES) last announced its quarterly earnings data on Thursday, November 9th. The company reported C($0.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.04 by C($0.05). Secure Energy Services had a negative return on equity of 0.08% and a negative net margin of 0.03%.

The company also recently disclosed a monthly dividend, which was paid on Monday, January 15th. Investors of record on Monday, January 1st were issued a dividend of $0.023 per share. This represents a $0.28 annualized dividend and a dividend yield of 3.00%. This is a positive change from Secure Energy Services’s previous monthly dividend of $0.02. The ex-dividend date of this dividend was Thursday, December 28th. Secure Energy Services’s dividend payout ratio (DPR) is currently -189.42%.

ILLEGAL ACTIVITY WARNING: This story was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this story on another website, it was copied illegally and reposted in violation of U.S. and international copyright law. The original version of this story can be read at https://ledgergazette.com/2018/01/18/secure-energy-services-ses-stock-price-down-2-4.html.

Secure Energy Services Company Profile

Secure Energy Services Inc is a Canada-based energy services company. It owns and operates midstream infrastructure and provides environmental services and products to upstream oil and natural gas companies operating in Western Canada and certain regions in the United States. It operates through three divisions.

Receive News & Ratings for Secure Energy Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Secure Energy Services and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply