STEP Energy Services (TSE:STEP) Shares Down 0.2% – Should You Sell?

STEP Energy Services Ltd. (TSE:STEP)’s stock price dropped 0.2% on Wednesday . The stock traded as low as C$5.49 and last traded at C$5.49. Approximately 6,456 shares changed hands during trading, a decline of 82% from the average daily volume of 35,283 shares. The stock had previously closed at C$5.50.

STEP Energy Services Trading Down 0.2%

The company has a market cap of C$400.15 million, a P/E ratio of -49.91 and a beta of 1.60. The company has a current ratio of 1.67, a quick ratio of 1.11 and a debt-to-equity ratio of 15.31. The business has a 50 day moving average price of C$5.49 and a 200-day moving average price of C$5.41.

About STEP Energy Services

STEP Energy Services is an energy services company that provides coiled tubing, fluid and nitrogen pumping and hydraulic fracturing solutions. Our combination of modern equipment along with our commitment to safety and quality execution has differentiated STEP in plays where wells are deeper, have longer laterals and higher pressures. STEP has a high-performance, safety-focused culture and our experienced office and field professionals are committed to providing innovative, environmentally responsible, and cost-effective solutions to our clients.