Essential Energy Services (OTCMKTS:EEYUF) Stock Crosses Above 50 Day Moving Average of $0.29

Essential Energy Services Ltd. (OTCMKTS:EEYUFGet Rating)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.29 and traded as high as $0.30. Essential Energy Services shares last traded at $0.29, with a volume of 22,100 shares changing hands.

Wall Street Analyst Weigh In

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

Essential Energy Services Stock Performance

The company has a 50 day simple moving average of $0.29 and a two-hundred day simple moving average 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.

Further Reading

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