Source Energy Services Ltd. (TSE:SHLE) Senior Officer Purchases C$20,620.00 in Stock

Source Energy Services Ltd. (TSE:SHLE - Get Free Report) Senior Officer Derren James Newell acquired 2,000 shares of the business's stock in a transaction that occurred on Wednesday, March 5th. The stock was acquired at an average cost of C$10.31 per share, with a total value of C$20,620.00.

Source Energy Services Price Performance

SHLE opened at C$9.82 on Thursday. The stock has a market capitalization of C$132.81 million, a P/E ratio of 0.78 and a beta of 2.82. Source Energy Services Ltd. has a 12-month low of C$8.21 and a 12-month high of C$18.45. The stock has a 50-day moving average price of C$14.13 and a 200-day moving average price of C$13.94. The company has a current ratio of 0.61, a quick ratio of 0.22 and a debt-to-equity ratio of 126.37.

Analyst Ratings Changes

Separately, BMO Capital Markets lifted their price target on Source Energy Services from C$14.00 to C$16.00 in a research report on Thursday, November 7th.

Check Out Our Latest Research Report on SHLE

Source Energy Services Company Profile

Source Energy Services Ltd. engages in the production and distribution of Northern White frac sand used primarily in oil and gas exploration and production in Canada and the United States. It also provides storage and logistics services for other bulk oil and gas well completion materials; and develops Sahara, a wellsite mobile sand storage and handling system.

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