Essential Energy Services (ESN) Trading Down 1.3%

Essential Energy Services Ltd (TSE:ESN)’s share price was down 1.3% during mid-day trading on Friday . The company traded as low as C$0.76 and last traded at C$0.80. Approximately 213,194 shares were traded during trading, an increase of 53% from the average daily volume of 139,631 shares. The stock had previously closed at C$0.79.

Separately, Clarus Securities reaffirmed a “buy” rating on shares of Essential Energy Services in a research note on Friday, November 10th.

The stock has a market capitalization of $109.23, a P/E ratio of 38.50 and a beta of 1.39.

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About Essential Energy Services

Essential Energy Services Ltd is a Canada-based company, which provides oilfield services to oil and natural gas producers, primarily in western Canada.

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