Secure Energy Services Inc. (TSE:SES) Insider James G. Coulter Sells 8,574 Shares

Secure Energy Services Inc. (TSE:SES) insider James G. Coulter sold 8,574 shares of Secure Energy Services stock in a transaction dated Monday, November 18th. The stock was sold at an average price of C$16.69, for a total value of C$143,117.21.

Secure Energy Services Stock Down 2.2 %

Shares of Secure Energy Services stock opened at C$16.18 on Friday. The company has a debt-to-equity ratio of 52.03, a current ratio of 1.15 and a quick ratio of 1.10. The stock has a market cap of C$3.89 billion, a price-to-earnings ratio of 8.09, a PEG ratio of 0.17 and a beta of 2.41. The firm’s 50-day moving average is C$14.18 and its two-hundred day moving average is C$12.56. Secure Energy Services Inc. has a 1 year low of C$7.58 and a 1 year high of C$17.13.

Secure Energy Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.47%. Secure Energy Services’s dividend payout ratio is presently 20.00%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on SES shares. National Bankshares raised their price objective on Secure Energy Services from C$14.00 to C$17.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. Raymond James raised their price target on Secure Energy Services from C$14.75 to C$15.25 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Scotiabank boosted their price objective on shares of Secure Energy Services from C$16.00 to C$18.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. ATB Capital increased their target price on shares of Secure Energy Services from C$17.00 to C$18.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. Finally, CIBC lifted their price target on shares of Secure Energy Services from C$15.00 to C$16.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$16.58.

About Secure Energy Services

Secure Energy Services Inc engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through three segments, Environmental Waste Management, Energy Infrastructure, and Oilfield Services. The Environmental Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer, and metal recycling facilities.