Source Energy Services (TSE:SHLE) Share Price Passes Below Fifty Day Moving Average – Should You Sell?

Posted by Casey Walker on Aug 20th, 2026

Source Energy Services Ltd. (TSE:SHLE – Get Free Report) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$12.98 and traded as low as C$12.50. Source Energy Services shares last traded at C$12.62, with a volume of 1,940 shares traded.

Source Energy Services Stock Down 4.9%

The stock has a fifty day moving average of C$12.95 and a 200-day moving average of C$14.80. The firm has a market capitalization of C$156.08 million, a price-to-earnings ratio of -12.63 and a beta of 1.29. The company has a current ratio of 1.22, a quick ratio of 0.22 and a debt-to-equity ratio of 144.16.

Source Energy Services (TSE:SHLE – Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported C($0.43) EPS for the quarter. Source Energy Services had a negative net margin of 2.21% and a negative return on equity of 6.25%. The company had revenue of C$137.12 million for the quarter. As a group, sell-side analysts expect that Source Energy Services Ltd. will post 3.2287234 EPS for the current year.

Insider Buying and Selling

In other Source Energy Services news, insider Catherine Victoria Reynolds sold 4,500 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of C$14.72, for a total value of C$66,240.00. Following the completion of the transaction, the insider directly owned 28,283 shares in the company, valued at C$416,325.76. This trade represents a 13.73% decrease in their ownership of the stock. Corporate insiders own 11.09% of the company’s stock.

About Source Energy Services

(Get Free Report)

Source Energy Services Ltd is a Canada based company engaged in the production, supply, and distribution of Northern White frac sand, as well as the distribution of other bulk completion materials not produced by the company. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin mines and processing facilities, its Western Canadian terminal network and its last mile logistics capabilities. The company also offers storage and logistics services for other bulk oil and gas well completion materials and has developed Sahara, a proprietary wellsite mobile sand storage and handling system.