STEP Energy Services Ltd. (TSE:STEP) Senior Officer Sells C$75,604.20 in Stock

STEP Energy Services Ltd. (TSE:STEP) Senior Officer Bradley James Mcfarlane sold 18,001 shares of the firm’s stock in a transaction on Tuesday, December 24th. The stock was sold at an average price of C$4.20, for a total value of C$75,604.20.

STEP Energy Services Stock Down 3.3 %

Shares of STEP Energy Services stock opened at C$4.12 on Monday. The company has a quick ratio of 1.11, a current ratio of 1.47 and a debt-to-equity ratio of 25.45. The company has a market cap of C$295.32 million, a P/E ratio of 4.58 and a beta of 2.07. The firm’s 50 day moving average price is C$4.59 and its 200-day moving average price is C$4.24. STEP Energy Services Ltd. has a 52-week low of C$3.37 and a 52-week high of C$5.26.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on STEP shares. ATB Capital dropped their price target on STEP Energy Services from C$5.50 to C$5.00 and set an “outperform” rating on the stock in a research report on Monday, December 23rd. Raymond James cut their target price on shares of STEP Energy Services from C$6.25 to C$6.00 and set an “outperform” rating on the stock in a research report on Friday, December 20th. Acumen Capital set a C$5.25 price target on shares of STEP Energy Services in a research report on Friday, October 11th. Finally, BMO Capital Markets lifted their price objective on shares of STEP Energy Services from C$4.50 to C$5.00 in a report on Tuesday, November 5th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of C$5.17.

STEP Energy Services Company Profile

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.