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

by · The Markets Daily

CES Energy Solutions Corp. (OTCMKTS:CESDF – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the five analysts that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

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

Check Out Our Latest Research Report on CESDF

CES Energy Solutions Stock Up 2.2%

Shares of OTCMKTS:CESDF traded up $0.24 during midday trading on Tuesday, reaching $11.14. 1,703,364 shares of the company’s stock were exchanged, compared to its average volume of 39,140. The firm’s 50 day simple moving average is $12.85 and its two-hundred day simple moving average is $11.68. CES Energy Solutions has a fifty-two week low of $4.77 and a fifty-two week high of $14.25.

CES Energy Solutions Company Profile

(Get Free Report)

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.

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