John Michael Hooks Sells 21,800 Shares of CES Energy Solutions Corp (TSE:CEU) Stock

CES Energy Solutions Corp (TSE:CEU) Director John Michael Hooks sold 21,800 shares of the firm’s stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of C$2.07, for a total transaction of C$45,126.00. Following the sale, the director now directly owns 1,450,054 shares in the company, valued at approximately C$3,001,611.78.

John Michael Hooks also recently made the following trade(s):

  • On Monday, January 13th, John Michael Hooks sold 25,000 shares of CES Energy Solutions stock. The stock was sold at an average price of C$1.97, for a total transaction of C$49,250.00.
  • On Tuesday, January 7th, John Michael Hooks sold 28,200 shares of CES Energy Solutions stock. The shares were sold at an average price of C$2.25, for a total transaction of C$63,450.00.

CES Energy Solutions stock opened at C$1.98 on Thursday. The company’s fifty day moving average price is C$2.12 and its 200 day moving average price is C$2.03. CES Energy Solutions Corp has a 1 year low of C$1.68 and a 1 year high of C$3.67. The stock has a market capitalization of $543.06 million and a P/E ratio of 16.50. The company has a debt-to-equity ratio of 60.86, a quick ratio of 1.73 and a current ratio of 3.38.

CES Energy Solutions (TSE:CEU) last released its quarterly earnings results on Thursday, November 14th. The company reported C$0.03 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of C$0.03. The company had revenue of C$315.77 million during the quarter, compared to analyst estimates of C$311.33 million. Sell-side analysts predict that CES Energy Solutions Corp will post 0.15 EPS for the current year.

CEU has been the topic of a number of research analyst reports. Raymond James set a C$3.25 price target on shares of CES Energy Solutions and gave the company a “strong-buy” rating in a research note on Friday, December 20th. Canaccord Genuity lifted their price target on shares of CES Energy Solutions from C$3.25 to C$3.75 in a research note on Tuesday. Finally, National Bank Financial dropped their price target on shares of CES Energy Solutions from C$3.50 to C$3.25 and set an “outperform” rating on the stock in a research note on Monday, November 25th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. CES Energy Solutions currently has a consensus rating of “Buy” and an average target price of C$3.53.

About CES Energy Solutions

CES Energy Solutions Corp., together with its subsidiaries, provides consumable chemical solutions throughout the life-cycle of the oilfield. The company provides solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and through to the pipeline and midstream market.

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Insider Buying and Selling by Quarter for CES Energy Solutions (TSE:CEU)

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