CES Energy Solutions Corp. (OTCMKTS:CESDF) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of CES Energy Solutions Corp. (OTCMKTS:CESDF) have earned a consensus rating of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of research analysts recently issued reports on CESDF shares. Scotiabank reiterated an “outperform” rating on shares of CES Energy Solutions in a report on Monday, May 11th. BMO Capital Markets raised shares of CES Energy Solutions from an “outperform” rating to an “outperform” rating in a report on Wednesday, June 24th. National Bank Financial cut shares of CES Energy Solutions from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, May 12th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of CES Energy Solutions in a research note on Monday, May 11th. Finally, TD Securities reiterated a “hold” rating on shares of CES Energy Solutions in a report on Friday, May 8th.

CES Energy Solutions Price Performance

Shares of CESDF stock opened at $11.46 on Friday. The business’s 50-day moving average price is $12.17 and its 200-day moving average price is $11.97. CES Energy Solutions has a 12 month low of $4.98 and a 12 month high of $14.25.

About CES Energy Solutions

CES Energy Solutions Corp. is a North American provider of specialty chemical solutions and services to the oil and gas industry. The company develops, manufactures and markets a comprehensive range of products used in drilling, completion, production and environmental applications. These offerings include drilling and completion fluids, production chemicals, proppants and solids control equipment, all designed to optimize well performance and minimize environmental impact.

Headquartered in Calgary, Alberta, CES Energy Solutions operates a network of manufacturing, blending and distribution facilities across Canada and the United States.