CES Energy Solutions (OTCMKTS:CESDF) Stock Price Passes Above 50 Day Moving Average of $3.49

CES Energy Solutions Corp. (OTCMKTS:CESDF)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $3.49 and traded as high as $3.94. CES Energy Solutions shares last traded at $3.85, with a volume of 56,583 shares changing hands.

CES Energy Solutions Trading Down 2.3 %

The company’s 50-day simple moving average is $3.49 and its 200-day simple moving average is $2.96.

CES Energy Solutions Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were given a dividend of $0.0221 per share. This represents a yield of 2.54%. The ex-dividend date was Wednesday, March 27th. CES Energy Solutions’s dividend payout ratio is currently 97.87%.

CES Energy Solutions Company Profile

CES Energy Solutions Corp., together with its subsidiaries, engages in design, implement, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada. The company provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets.