Secure Energy Services Inc. (TSE:SES) Insider Sells C$70,475.77 in Stock

Secure Energy Services Inc. (TSE:SES) insider Llc Tpg Gp A sold 4,271 shares of Secure Energy Services stock in a transaction dated Friday, November 15th. The stock was sold at an average price of C$16.50, for a total value of C$70,475.77.

Llc Tpg Gp A also recently made the following trade(s):

• On Tuesday, November 12th, Llc Tpg Gp A sold 12,725 shares of Secure Energy Services stock. The stock was sold at an average price of C$16.99, for a total value of C$216,235.93.

Secure Energy Services Stock Performance

Shares of Secure Energy Services stock opened at C$16.57 on Monday. 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 business has a 50-day simple moving average of C$13.67 and a 200 day simple moving average of C$12.40. The firm has a market capitalization of C$3.99 billion, a price-to-earnings ratio of 8.29, a PEG ratio of 0.17 and a beta of 2.41. Secure Energy Services Inc. has a one year low of C$7.57 and a one year high of C$17.13.

Secure Energy Services Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms have recently weighed in on SES. BMO Capital Markets lifted their price objective on Secure Energy Services from C$17.00 to C$20.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. ATB Capital lifted their price objective on Secure Energy Services from C$17.00 to C$18.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. 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. National Bankshares lifted their price objective on Secure Energy Services from C$14.00 to C$17.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Finally, Scotiabank boosted their target price on 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. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average 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.