Cathedral Energy Services Ltd. (TSE:CET) Senior Officer Sells C$114,052.65 in Stock

Cathedral Energy Services Ltd. (TSE:CET) Senior Officer Fawzi Irani sold 131,095 shares of Cathedral Energy Services stock in a transaction on Monday, June 24th. The shares were sold at an average price of C$0.87, for a total value of C$114,052.65.

Cathedral Energy Services Stock Performance

Shares of CET stock opened at C$0.90 on Thursday. The stock has a 50-day moving average of C$0.90 and a 200-day moving average of C$0.86. Cathedral Energy Services Ltd. has a one year low of C$0.56 and a one year high of C$0.98. The stock has a market cap of C$216.31 million, a PE ratio of 11.25, a price-to-earnings-growth ratio of -1.64 and a beta of 2.64. The company has a debt-to-equity ratio of 64.02, a current ratio of 1.46 and a quick ratio of 1.05.

Cathedral Energy Services (TSE:CET) last released its quarterly earnings data on Thursday, May 9th. The company reported C$0.04 EPS for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.02). The firm had revenue of C$164.96 million during the quarter, compared to the consensus estimate of C$148.50 million. Cathedral Energy Services had a net margin of 3.71% and a return on equity of 12.31%. As a group, sell-side analysts expect that Cathedral Energy Services Ltd. will post 0.15 earnings per share for the current year.

Cathedral Energy Services Company Profile

Cathedral Energy Services Ltd., together with its subsidiaries, provides directional drilling services to oil and natural gas companies in western Canada and the United States. It offers remote directional and measurement-while-drilling (MWD), automated gamma, drilling optimization, and well planning services.