Anthony Michael Aulicino Buys 4,545 Shares of CES Energy Solutions (TSE:CEU) Stock

CES Energy Solutions Corp. (TSE:CEU) insider Anthony Michael Aulicino acquired 4,545 shares of the company’s stock in a transaction dated Tuesday, November 18th. The shares were bought at an average price of C$10.97 per share, for a total transaction of C$49,858.65. Following the purchase, the insider owned 1,222,367 shares in the company, valued at approximately C$13,409,365.99. This represents a 0.37% increase in their ownership of the stock.

CES Energy Solutions Stock Down 1.9%

Shares of TSE CEU traded down C$0.25 during trading hours on Friday, hitting C$12.75. The company had a trading volume of 397,149 shares, compared to its average volume of 658,240. CES Energy Solutions Corp. has a 1-year low of C$5.59 and a 1-year high of C$13.24. The company has a quick ratio of 1.78, a current ratio of 2.82 and a debt-to-equity ratio of 57.26. The firm’s 50 day moving average is C$10.51 and its 200-day moving average is C$8.62. The stock has a market capitalization of C$2.71 billion, a P/E ratio of 16.14, a price-to-earnings-growth ratio of 0.61 and a beta of 0.83.

CES Energy Solutions (TSE:CEU) last issued its earnings results on Thursday, November 13th. The company reported C$0.18 earnings per share for the quarter. CES Energy Solutions had a net margin of 8.62% and a return on equity of 27.61%. The business had revenue of C$623.22 million for the quarter. On average, analysts expect that CES Energy Solutions Corp. will post 0.8600646 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CEU has been the topic of several recent analyst reports. Royal Bank Of Canada boosted their price objective on shares of CES Energy Solutions from C$10.00 to C$11.00 and gave the stock an “outperform” rating in a research note on Thursday, October 9th. TD Securities boosted their price target on CES Energy Solutions from C$9.00 to C$11.00 in a research report on Tuesday, October 14th. Scotiabank upped their price objective on CES Energy Solutions from C$9.50 to C$10.25 in a research note on Friday, October 17th. ATB Capital lifted their target price on CES Energy Solutions from C$12.00 to C$14.00 and gave the stock an “outperform” rating in a research note on Thursday, November 27th. Finally, National Bankshares boosted their target price on CES Energy Solutions from C$10.50 to C$13.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Two investment analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to data from MarketBeat, CES Energy Solutions currently has a consensus rating of “Buy” and a consensus target price of C$11.38.

CES Energy Solutions Company Profile

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.