CES Energy Solutions (TSE:CEU)‘s stock had its “buy” rating reaffirmed by research analysts at Clarus Securities in a research note issued on Wednesday.

Other equities analysts have also recently issued reports about the stock. Alliance Global Partners lowered their price target on shares of CES Energy Solutions from C$7.00 to C$5.00 in a research note on Thursday. Cormark lowered their price target on shares of CES Energy Solutions from C$6.50 to C$4.50 in a research note on Thursday. GMP Securities lowered their price target on shares of CES Energy Solutions from C$3.50 to C$3.00 in a research note on Thursday. National Bank Financial lowered their price target on shares of CES Energy Solutions from C$6.50 to C$5.00 and set an “outperform” rating on the stock in a research note on Wednesday. Finally, Raymond James lowered their price target on shares of CES Energy Solutions from C$5.00 to C$4.50 and set an “outperform” rating on the stock in a research note on Wednesday. Six investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of C$5.88.

TSE:CEU opened at C$2.91 on Wednesday. The company has a debt-to-equity ratio of 72.49, a quick ratio of 1.91 and a current ratio of 3.43. CES Energy Solutions has a fifty-two week low of C$2.85 and a fifty-two week high of C$6.73. The firm has a market cap of $773.73 million and a PE ratio of 22.38.

In related news, insider John Michael Hooks sold 20,000 shares of the stock in a transaction dated Wednesday, December 19th. The shares were sold at an average price of C$3.26, for a total value of C$65,214.00. Following the sale, the insider now directly owns 1,512,171 shares of the company’s stock, valued at approximately C$4,930,735.98.

About CES Energy Solutions

CES Energy Solutions Corp., together with its subsidiaries, provides consumable chemical solutions throughout the life-cycle of the oilfield. The company provides solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and through to the pipeline and midstream market.

See Also: Marijuana Stocks Investing Considerations

Analyst Recommendations for CES Energy Solutions (TSE:CEU)

Receive News & Ratings for CES Energy Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CES Energy Solutions and related companies with MarketBeat.com's FREE daily email newsletter.