Source Energy Services Ltd. (TSE:SHLE – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$8.89 and last traded at C$9.09, with a volume of 38019 shares changing hands. The stock had previously closed at C$9.61.
Source Energy Services Trading Down 4.8 %
The company has a current ratio of 0.61, a quick ratio of 0.22 and a debt-to-equity ratio of 126.37. The firm has a 50-day moving average price of C$13.79 and a 200-day moving average price of C$13.84. The company has a market capitalization of C$123.75 million, a price-to-earnings ratio of 0.73 and a beta of 2.82.
About Source Energy Services
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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