Essential Energy Services (OTCMKTS:EEYUF) Shares Cross Below 50-Day Moving Average of $0.29

Shares of Essential Energy Services Ltd. (OTCMKTS:EEYUFGet Rating) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.29 and traded as low as $0.28. Essential Energy Services shares last traded at $0.28, with a volume of 152,500 shares traded.

Analysts Set New Price Targets

Separately, Raymond James decreased their target price on Essential Energy Services from C$0.60 to C$0.55 in a research report on Tuesday, November 8th.

Essential Energy Services Trading Down 2.0 %

The company has a 50-day moving average price of $0.29 and a 200-day moving average price of $0.28.

Essential Energy Services Company Profile

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Essential Energy Services Ltd., together with its subsidiaries, provides oilfield services to oil and gas exploration and production companies. The company operates in two segments, Essential Coil Well Service (ECWS) and Tryton Tool Services (Tryton). The ECWS segment offers completion, production, and workover services with its fleet of coil tubing rigs, and fluid and nitrogen pumpers, as well as ancillary equipment.

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