Source Energy Services (TSE:SHLE) Stock: Insider Catherine Victoria Reynolds Purchases 1,508 Shares

Source Energy Services Ltd. (TSE:SHLE – Get Free Report) insider Catherine Victoria Reynolds purchased 1,508 shares of the business’s stock in a transaction dated Wednesday, September 30th. The stock was bought at an average price of C$13.80 per share, with a total value of C$20,810.40. Following the acquisition, the insider directly owned 25,293 shares in the company, valued at approximately C$349,043.40. This represents a 6.34% increase in their ownership of the stock.

Catherine Victoria Reynolds also recently made the following trade(s):

  • On Thursday, September 17th, Catherine Victoria Reynolds sold 5,000 shares of Source Energy Services stock. The stock was sold at an average price of C$11.02, for a total transaction of C$55,100.00.

Source Energy Services Price Performance

SHLE stock traded down C$0.18 during trading on Wednesday, reaching C$9.93. 12,926 shares of the company were exchanged, compared to its average volume of 23,414. The company has a debt-to-equity ratio of 144.16, a quick ratio of 0.22 and a current ratio of 1.22. The stock’s 50 day moving average price is C$11.51 and its 200 day moving average price is C$13.54. Source Energy Services Ltd. has a 52-week low of C$9.41 and a 52-week high of C$18.74. The company has a market cap of C$129.16 million, a P/E ratio of -10.45 and a beta of 1.09.

Source Energy Services (TSE:SHLE – Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported C($0.43) earnings per share (EPS) for the quarter. Source Energy Services had a negative net margin of 2.21% and a negative return on equity of 6.25%. The company had revenue of C$137.12 million during the quarter. As a group, analysts predict that Source Energy Services Ltd. will post 3.2287234 earnings per share for the current fiscal year.

Source Energy Services Company Profile

(Get Free Report)

Source is a company that focuses on the integrated production and distribution of frac sand, as well as the distribution of other bulk completion materials not produced by Source. Source provides its customers with an end-to-end solution for frac sand supported by its Wisconsin and Peace River mines and processing facilities, its Western Canadian terminal network and its ‘last mile’ logistics capabilities, including its trucking operations, and Sahara, a proprietary well site mobile sand storage and handling system.

Further Reading

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