Source Energy Services (TSE:SHLE) Sets New 52-Week Low – What’s Next?

Source Energy Services Ltd. (TSE:SHLEGet Free Report) shares hit a new 52-week low on Friday . The stock traded as low as C$7.50 and last traded at C$7.62, with a volume of 36801 shares. The stock had previously closed at C$9.12.

Source Energy Services Stock Performance

The stock has a market cap of C$106.58 million, a PE ratio of 0.63 and a beta of 2.82. The stock has a fifty day moving average of C$11.46 and a 200-day moving average of C$13.42. The company has a quick ratio of 0.22, a current ratio of 0.61 and a debt-to-equity ratio of 126.37.

About Source Energy Services

(Get Free Report)

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.

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