Source Energy Services (TSE:SHLE) Insider Catherine Victoria Reynolds Sells 4,500 Shares of Stock

Source Energy Services Ltd. (TSE:SHLEGet Free Report) insider Catherine Victoria Reynolds sold 4,500 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of C$14.72, for a total value of C$66,240.00. Following the transaction, the insider directly owned 28,283 shares of the company’s stock, valued at C$416,325.76. This trade represents a 13.73% decrease in their position.

Source Energy Services Price Performance

Source Energy Services stock opened at C$13.64 on Friday. The company has a debt-to-equity ratio of 142.54, a quick ratio of 0.22 and a current ratio of 1.38. Source Energy Services Ltd. has a 52 week low of C$10.34 and a 52 week high of C$18.74. The stock has a market capitalization of C$178.23 million, a P/E ratio of 27.84 and a beta of 0.92. The stock has a fifty day moving average of C$15.30 and a 200-day moving average of C$15.32.

Source Energy Services (TSE:SHLEGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported C($0.25) earnings per share for the quarter. The firm had revenue of C$160.22 million for the quarter. Source Energy Services had a return on equity of 2.93% and a net margin of 0.95%. On average, sell-side analysts expect that Source Energy Services Ltd. will post 3.2287234 earnings per share for the current fiscal year.

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.

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