Shares of CES Energy Solutions Corp. (OTCMKTS:CESDF – Get Rating) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $1.95 and traded as high as $2.19. CES Energy Solutions shares last traded at $2.19, with a volume of 1,256 shares trading hands.
Wall Street Analyst Weigh In
Several analysts have issued reports on the stock. Royal Bank of Canada increased their target price on shares of CES Energy Solutions from C$3.50 to C$4.00 in a research note on Monday, November 14th. Canaccord Genuity Group dropped their price objective on shares of CES Energy Solutions from C$4.25 to C$3.75 in a report on Friday, August 19th. Stifel Nicolaus lifted their target price on shares of CES Energy Solutions from C$3.75 to C$4.50 in a research report on Friday, August 12th. Scotiabank lifted their target price on shares of CES Energy Solutions from C$3.90 to C$4.35 in a research note on Monday, November 14th. Finally, National Bank Financial boosted their price objective on shares of CES Energy Solutions from C$3.70 to C$3.85 in a research note on Thursday, October 27th.
CES Energy Solutions Price Performance
The stock’s 50 day moving average price is $1.95 and its 200-day moving average price is $1.95.
CES Energy Solutions Cuts Dividend
About CES Energy Solutions
CES Energy Solutions Corp., together with its subsidiaries, designs, implements, and manufactures advanced consumable fluids and specialty chemicals. It provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets. The company's solutions include corrosion inhibitors, demulsifiers, H2S scavengers, paraffin control products, surfactants, scale inhibitors, biocides, and other specialty products.
- Get a free copy of the StockNews.com research report on CES Energy Solutions (CESDF)
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