Llc Tpg Gp A Sells 12,725 Shares of Secure Energy Services Inc. (TSE:SES) Stock

Secure Energy Services Inc. (TSE:SES) insider Llc Tpg Gp A sold 12,725 shares of the stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of C$16.99, for a total transaction of C$216,235.93.

Secure Energy Services Trading Down 0.1 %

Shares of Secure Energy Services stock traded down C$0.01 during trading on Friday, reaching C$16.57. 385,100 shares of the company were exchanged, compared to its average volume of 711,081. The business has a 50-day moving average price of C$13.67 and a 200-day moving average price of C$12.39. The firm has a market capitalization of C$3.99 billion, a price-to-earnings ratio of 8.29, a P/E/G ratio of 0.17 and a beta of 2.41. The company has a quick ratio of 1.10, a current ratio of 1.15 and a debt-to-equity ratio of 52.03. Secure Energy Services Inc. has a twelve month low of C$7.57 and a twelve month high of C$17.13.

Secure Energy Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, October 1st. This represents a $0.40 annualized dividend and a dividend yield of 2.41%. Secure Energy Services’s payout ratio is currently 20.00%.

Wall Street Analysts Forecast Growth

SES has been the topic of several research analyst reports. Scotiabank increased their price target on shares of Secure Energy Services from C$16.00 to C$18.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. Raymond James upped their price objective on Secure Energy Services from C$14.75 to C$15.25 and gave the stock an “outperform” rating in a report on Thursday, October 31st. ATB Capital lifted their target price on 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. National Bankshares upped their price target 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. Finally, Eight Capital lifted their price objective on Secure Energy Services from C$20.00 to C$22.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Secure Energy Services currently has an average rating of “Moderate Buy” and a consensus price target of C$16.58.

Secure Energy Services Company Profile

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.