Secure Energy Services (TSE:SES) Reaches New 1-Year High – Here’s Why

Shares of Secure Energy Services Inc. (TSE:SES) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$25.07 and last traded at C$24.62, with a volume of 1575584 shares. The stock had previously closed at C$24.34.

Secure Energy Services Price Performance

The business has a 50-day moving average price of C$23.77 and a 200-day moving average price of C$22.19. The stock has a market cap of C$5.37 billion, a PE ratio of 41.73, a price-to-earnings-growth ratio of 0.17 and a beta of 0.15. The company has a current ratio of 1.20, a quick ratio of 1.10 and a debt-to-equity ratio of 125.62.

Secure Energy Services (TSE:SES) last posted its quarterly earnings data on Wednesday, July 29th. The company reported C$0.20 EPS for the quarter. Secure Energy Services had a positive return on equity of 16.77% and a negative net margin of 4.56%.The company had revenue of C$422.00 million during the quarter. As a group, analysts forecast that Secure Energy Services Inc. will post 0.7671625 earnings per share for the current year.

Secure Energy Services Company Profile

SECURE is a leading waste management and energy infrastructure business headquartered in Calgary, Alberta. The Corporation’s extensive infrastructure network located throughout western Canada and North Dakota includes waste processing and transfer facilities, industrial landfills, metal recycling facilities, crude oil and water gathering pipelines, crude oil terminals and storage facilities. Through this infrastructure network, the Corporation carries out its principal business operations, including the collection, processing, recovery, recycling and disposal of waste streams generated by our energy and industrial customers and gathering, optimization, terminalling and storage of crude oil and natural gas liquids.