Source Energy Services (TSE:SHLE) Reaches New 1-Year Low – What’s Next?

Source Energy Services Ltd. (TSE:SHLEGet Free Report)’s share price reached a new 52-week low on Monday . The stock traded as low as C$8.89 and last traded at C$9.09, with a volume of 38019 shares trading hands. The stock had previously closed at C$9.61.

Source Energy Services Stock Up 1.0 %

The stock has a market cap of C$125.51 million, a PE ratio of 0.74 and a beta of 2.82. The business has a fifty day moving average of C$13.52 and a 200-day moving average of C$13.77. The company has a debt-to-equity ratio of 126.37, a current ratio of 0.61 and a quick ratio of 0.22.

Source Energy Services Company Profile

(Get Free Report)

Source Energy Services Ltd. engages in the production and distribution of Northern White frac sand used primarily in oil and gas exploration and production in Canada and the United States. It also provides storage and logistics services for other bulk oil and gas well completion materials; and develops Sahara, a wellsite mobile sand storage and handling system.

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