Source Energy Services Ltd. (OTCMKTS:SCEYF – Get Free Report) shares were down 3.5% during mid-day trading on Tuesday . The stock traded as low as $7.68 and last traded at $7.8266. Approximately 500 shares were traded during mid-day trading, a decline of 47% from the average session volume of 950 shares. The stock had previously closed at $8.11.
Analysts Set New Price Targets
Separately, BMO Capital Markets reissued a “market perform” rating on shares of Source Energy Services in a research note on Thursday, July 30th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Source Energy Services has an average rating of “Hold”.
View Our Latest Report on SCEYF
Source Energy Services Trading Down 3.5%
Source Energy Services Company Profile
Source Energy Services Ltd. is an oilfield services company headquartered in Calgary, Alberta, providing specialized technical solutions to upstream oil and gas operators. The company focuses on enhancing well productivity and optimizing production performance through a suite of completion, stimulation, and production services. Its operations are centered on delivering innovative and cost-efficient offerings designed to improve hydrocarbon recovery and reduce environmental impact.
In its completion and stimulation segment, Source Energy Services offers hydraulic fracturing, coiled tubing, acidizing and chemical stimulation treatments.
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