Secure Energy Services (OTCMKTS:SECYF) Downgraded by National Bank Financial to Sector Perform

National Bank Financial cut shares of Secure Energy Services (OTCMKTS:SECYF – Get Rating) from an outperform rating to a sector perform rating in a research note issued to investors on Monday, The Fly reports.

Several other equities analysts also recently commented on the company. TD Securities increased their target price on Secure Energy Services from C$8.50 to C$9.00 in a research report on Friday. CIBC raised their price objective on Secure Energy Services from C$9.50 to C$10.50 in a research note on Tuesday, January 17th.

Secure Energy Services Price Performance

SECYF opened at $4.95 on Monday. The business’s fifty day moving average is $5.73 and its 200-day moving average is $5.21. Secure Energy Services has a 52-week low of $3.93 and a 52-week high of $6.35.

About Secure Energy Services

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Secure Energy Services, Inc engages in the provision of safe and environmentally responsible fluids and solids solutions to the oil and gas industry. It operates through the following segments: Midstream Infrastructure, Environmental and Fluid Management, and Corporate. The Midstream Infrastructure segment operates facilities throughout western Canada, in North Dakota and in Oklahoma and helps upstream oil and natural gas companies with the processing, storing, shipping and marketing of crude oil; processing of waste; and water treatment and disposal.