Christopher Allen Johnson Acquires 7,500 Shares of Source Energy Services Ltd. (TSE:SHLE) Stock

Source Energy Services Ltd. (TSE:SHLE) Director Christopher Allen Johnson bought 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, April 9th. The shares were purchased at an average cost of C$7.00 per share, for a total transaction of C$52,500.00.

Source Energy Services Price Performance

Shares of SHLE traded up C$0.11 during mid-day trading on Friday, reaching C$7.87. 1,273 shares of the stock traded hands, compared to its average volume of 28,840. The company has a market cap of C$106.44 million, a price-to-earnings ratio of 0.63 and a beta of 2.82. Source Energy Services Ltd. has a 1 year low of C$6.79 and a 1 year high of C$18.45. The firm has a fifty day moving average price of C$10.71 and a 200 day moving average price of C$13.24. The company has a current ratio of 0.61, a quick ratio of 0.22 and a debt-to-equity ratio of 126.37.

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.