Secure Energy Services (TSE:SES) Sets New 12-Month High – Here’s Why

Secure Energy Services Inc. (TSE:SES)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$24.97 and last traded at C$24.84, with a volume of 871339 shares trading hands. The stock had previously closed at C$23.98.

Secure Energy Services Stock Performance

The company’s 50-day moving average price is C$23.53 and its two-hundred day moving average price is C$21.98. The company has a debt-to-equity ratio of 125.62, a quick ratio of 1.10 and a current ratio of 1.20. The stock has a market cap of C$5.42 billion, a PE ratio of 42.14, a PEG ratio of 0.17 and a beta of 0.14.

Secure Energy Services (TSE:SES) last announced its earnings results on Wednesday, July 29th. The company reported C$0.20 earnings per share (EPS) for the quarter. Secure Energy Services had a negative net margin of 4.56% and a positive return on equity of 16.77%. The company had revenue of C$422.00 million during the quarter. On average, equities research analysts forecast that Secure Energy Services Inc. will post 0.7671625 EPS for the current year.

Secure Energy Services Company Profile

SECURE is a leading waste management and energy infrastructure business headquartered in Calgary, Alberta. The Corporation’s extensive infrastructure network located throughout western Canada and North Dakota includes waste processing and transfer facilities, industrial landfills, metal recycling facilities, crude oil and water gathering pipelines, crude oil terminals and storage facilities. Through this infrastructure network, the Corporation carries out its principal business operations, including the collection, processing, recovery, recycling and disposal of waste streams generated by our energy and industrial customers and gathering, optimization, terminalling and storage of crude oil and natural gas liquids.