STEP Energy Services Ltd. (TSE:STEP) Senior Officer Joshua Maxwell Kane Sells 5,000 Shares of Stock

STEP Energy Services Ltd. (TSE:STEP) Senior Officer Joshua Maxwell Kane sold 5,000 shares of the business’s stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of C$4.29, for a total transaction of C$21,450.00.

Joshua Maxwell Kane also recently made the following trade(s):

• On Friday, May 17th, Joshua Maxwell Kane sold 1,500 shares of STEP Energy Services stock. The shares were sold at an average price of C$4.15, for a total transaction of C$6,225.00.

STEP Energy Services Trading Down 2.7 %

STEP opened at C$4.00 on Friday. The company has a debt-to-equity ratio of 36.26, a current ratio of 1.45 and a quick ratio of 1.11. The stock has a market capitalization of C$285.08 million, a price-to-earnings ratio of 4.17 and a beta of 2.16. The business has a fifty day moving average price of C$4.07 and a 200 day moving average price of C$4.04. STEP Energy Services Ltd. has a 12 month low of C$2.82 and a 12 month high of C$4.82.

Analyst Upgrades and Downgrades

STEP has been the topic of several recent analyst reports. Stifel Nicolaus upped their price objective on shares of STEP Energy Services from C$4.50 to C$4.75 in a report on Friday, May 10th. Royal Bank of Canada lowered their price target on STEP Energy Services from C$5.50 to C$4.75 and set a “sector perform” rating for the company in a research report on Wednesday, March 13th. Raymond James cut their price objective on STEP Energy Services from C$6.25 to C$5.50 and set an “outperform” rating on the stock in a report on Wednesday, March 13th. ATB Capital cut their price target on shares of STEP Energy Services from C$7.00 to C$6.50 in a research note on Monday, April 8th. Finally, BMO Capital Markets increased their price target on shares of STEP Energy Services from C$4.75 to C$5.00 in a research report on Thursday, May 9th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, STEP Energy Services has an average rating of “Hold” and an average price target of C$5.50.

About STEP Energy Services

STEP Energy Services Ltd., an energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. It also provides fluid pumping services for coiled tubing operations and involved in standalone projects; pipeline commissioning and maintenance services; fracturing logistics services; and laboratory services.