Insider Selling: Secure Energy Services Inc. (TSE:SES) Insider Sells C$70,475.77 in Stock

Secure Energy Services Inc. (TSE:SES) insider Llc Tpg Gp A sold 4,271 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of C$16.50, for a total transaction of C$70,475.77.

Llc Tpg Gp A also recently made the following trade(s):

• On Tuesday, November 12th, Llc Tpg Gp A sold 12,725 shares of Secure Energy Services stock. The stock was sold at an average price of C$16.99, for a total transaction of C$216,235.93.

Secure Energy Services Stock Up 0.5 %

SES stock opened at C$16.77 on Wednesday. The stock has a market capitalization of C$4.04 billion, a price-to-earnings ratio of 8.39, a price-to-earnings-growth ratio of 0.17 and a beta of 2.41. The company has a 50-day moving average of C$13.88 and a two-hundred day moving average of C$12.46. Secure Energy Services Inc. has a 52-week low of C$7.57 and a 52-week high of C$17.13. The company has a debt-to-equity ratio of 52.03, a current ratio of 1.15 and a quick ratio of 1.10.

Secure Energy Services Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st were paid a dividend of $0.10 per share. The ex-dividend date was Tuesday, October 1st. This represents a $0.40 annualized dividend and a yield of 2.39%. Secure Energy Services’s payout ratio is 20.00%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on SES shares. National Bankshares lifted their price target on shares of Secure Energy Services from C$14.00 to C$17.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. CIBC lifted their target price on Secure Energy Services from C$15.00 to C$16.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Eight Capital upped their target price on Secure Energy Services from C$20.00 to C$22.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Raymond James boosted their price objective on shares of Secure Energy Services from C$14.75 to C$15.25 and gave the company an “outperform” rating in a research report on Thursday, October 31st. Finally, ATB Capital upped their price objective on shares of Secure Energy Services from C$17.00 to C$18.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Secure Energy Services has a consensus rating of “Moderate Buy” and a consensus price target of C$16.58.

Secure Energy Services Company Profile

Secure Energy Services Inc engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through three segments, Environmental Waste Management, Energy Infrastructure, and Oilfield Services. The Environmental Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer, and metal recycling facilities.