CES Energy Solutions Corp. (TSE:CEU) Senior Officer Anthony Michael Aulicino Sells 50,563 Shares

CES Energy Solutions Corp. (TSE:CEU) Senior Officer Anthony Michael Aulicino sold 50,563 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of C$7.23, for a total value of C$365,570.49.

Anthony Michael Aulicino also recently made the following trade(s):

• On Thursday, January 2nd, Anthony Michael Aulicino sold 54,789 shares of CES Energy Solutions stock. The shares were sold at an average price of C$10.00, for a total value of C$547,890.00.

CES Energy Solutions Trading Down 1.3 %

TSE CEU opened at C$7.11 on Wednesday. The stock’s fifty day moving average price is C$8.48 and its 200-day moving average price is C$8.54. The company has a current ratio of 2.82, a quick ratio of 1.78 and a debt-to-equity ratio of 57.26. The stock has a market cap of C$1.59 billion, a P/E ratio of 8.30, a P/E/G ratio of 0.61 and a beta of 2.31. CES Energy Solutions Corp. has a 12 month low of C$4.59 and a 12 month high of C$10.20.

CES Energy Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th will be paid a dividend of $0.0425 per share. This is a positive change from CES Energy Solutions’s previous quarterly dividend of $0.03. This represents a $0.17 dividend on an annualized basis and a yield of 2.39%. The ex-dividend date of this dividend is Monday, March 31st. CES Energy Solutions’s dividend payout ratio (DPR) is currently 14.01%.

Wall Street Analysts Forecast Growth

CEU has been the subject of several recent research reports. Atb Cap Markets raised CES Energy Solutions from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 7th. National Bankshares increased their price target on shares of CES Energy Solutions from C$10.00 to C$11.50 and gave the stock a “sector perform” rating in a research note on Thursday, December 19th. Finally, ATB Capital raised shares of CES Energy Solutions from a “sector perform” rating to an “outperform” rating and set a C$11.00 price objective on the stock in a research note on Friday, March 7th. One research analyst has rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, CES Energy Solutions has an average rating of “Buy” and a consensus target price of C$10.59.

CES Energy Solutions Company Profile

CES Energy Solutions Corp provides consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack, and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.