Source Energy Services (OTCMKTS:SCEYF) Stock Price Up 2.7% – Time to Buy?

Source Energy Services Ltd. (OTCMKTS:SCEYFGet Free Report)’s share price shot up 2.7% during trading on Wednesday . The stock traded as high as $9.77 and last traded at $9.77. Approximately 800 shares were traded during mid-day trading, a decline of 23% from the average daily volume of 1,043 shares. The stock had previously closed at $9.5125.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets reiterated a “market perform” rating on shares of Source Energy Services in a report on Friday, May 8th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

View Our Latest Report on SCEYF

Source Energy Services Price Performance

The business’s 50 day moving average price is $10.91 and its 200-day moving average price is $11.57.

About Source Energy Services

(Get Free Report)

Source Energy Services Ltd. is an oilfield services company headquartered in Calgary, Alberta, providing specialized technical solutions to upstream oil and gas operators. The company focuses on enhancing well productivity and optimizing production performance through a suite of completion, stimulation, and production services. Its operations are centered on delivering innovative and cost-efficient offerings designed to improve hydrocarbon recovery and reduce environmental impact.

In its completion and stimulation segment, Source Energy Services offers hydraulic fracturing, coiled tubing, acidizing and chemical stimulation treatments.

Featured Articles

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