Seaport Global Securities upgraded shares of Eco-Stim Energy Solutions (NASDAQ:ESES) from a neutral rating to a buy rating in a research report released on Wednesday morning.

Several other research analysts also recently commented on the stock. Imperial Capital assumed coverage on shares of Eco-Stim Energy Solutions in a research report on Thursday, November 30th. They set an outperform rating and a $2.00 price objective for the company. Zacks Investment Research downgraded shares of Eco-Stim Energy Solutions from a hold rating to a sell rating in a research report on Wednesday, November 15th. B. Riley set a $3.00 price objective on shares of Eco-Stim Energy Solutions and gave the company a buy rating in a research report on Tuesday, November 14th. Finally, FBR & Co set a $3.00 price objective on shares of Eco-Stim Energy Solutions and gave the company a buy rating in a research report on Thursday, October 19th. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. The company has an average rating of Buy and an average target price of $2.22.

Shares of Eco-Stim Energy Solutions (NASDAQ ESES) traded down $0.04 on Wednesday, reaching $1.31. 49,300 shares of the company’s stock traded hands, compared to its average volume of 272,854. Eco-Stim Energy Solutions has a 1-year low of $0.66 and a 1-year high of $2.05. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.50 and a quick ratio of 1.33.

Large investors have recently made changes to their positions in the company. Geneva Advisors LLC increased its holdings in shares of Eco-Stim Energy Solutions by 22.6% during the second quarter. Geneva Advisors LLC now owns 97,667 shares of the oil and gas company’s stock worth $122,000 after buying an additional 18,000 shares in the last quarter. B. Riley Financial Inc. acquired a new position in shares of Eco-Stim Energy Solutions during the third quarter worth $143,000. Victory Capital Management Inc. acquired a new position in shares of Eco-Stim Energy Solutions during the third quarter worth $279,000. Vanguard Group Inc. increased its holdings in shares of Eco-Stim Energy Solutions by 5.5% during the second quarter. Vanguard Group Inc. now owns 512,551 shares of the oil and gas company’s stock worth $641,000 after buying an additional 26,572 shares in the last quarter. Finally, Bienville Capital Management LLC increased its holdings in shares of Eco-Stim Energy Solutions by 107.4% during the third quarter. Bienville Capital Management LLC now owns 6,178,261 shares of the oil and gas company’s stock worth $9,514,000 after buying an additional 3,198,727 shares in the last quarter. Institutional investors own 84.13% of the company’s stock.

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About Eco-Stim Energy Solutions

Eco-Stim Energy Solutions, Inc is an oilfield services company. The Company provides well stimulation, coiled tubing and field management services to the upstream oil and gas industry. The Company focuses on the active shale and unconventional oil and natural gas basins outside the United States and it has commenced operations in Argentina.

Analyst Recommendations for Eco-Stim Energy Solutions (NASDAQ:ESES)

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