Scotiabank assumed coverage on shares of CES Energy Solutions (OTCMKTS:CESDF) in a research note published on Tuesday, The Fly reports. The firm issued an outperform rating on the stock.
Other research analysts have also issued research reports about the company. Canaccord Genuity restated a hold rating and issued a $1.35 price objective on shares of CES Energy Solutions in a report on Friday, August 14th. TD Securities lowered CES Energy Solutions to a buy rating in a report on Monday, August 17th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of $1.85.
CESDF stock traded down $0.01 during midday trading on Tuesday, reaching $0.63. The stock had a trading volume of 621 shares, compared to its average volume of 26,595. The company’s fifty day simple moving average is $0.71 and its 200 day simple moving average is $0.77. CES Energy Solutions has a 52-week low of $0.40 and a 52-week high of $1.84.
CES Energy Solutions Company Profile
CES Energy Solutions Corp., together with its subsidiaries, provides consumable chemical solutions throughout the life-cycle of the oilfield. It provides solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and through to the pipeline and midstream market.
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