Source Energy Services (TSE:SHLE) Insider Purchases C$20,810.40 in Stock

Source Energy Services Ltd. (TSE:SHLE) insider Catherine Victoria Reynolds acquired 1,508 shares of the business’s stock in a transaction on Wednesday, September 30th. The shares were purchased at an average price of C$13.80 per share, with a total value of C$20,810.40. Following the transaction, the insider owned 25,293 shares in the company, valued at C$349,043.40. The trade was a 6.34% increase in their position.

Catherine Victoria Reynolds also recently made the following trade(s):

• On Thursday, September 17th, Catherine Victoria Reynolds sold 5,000 shares of Source Energy Services stock. The stock was sold at an average price of C$11.02, for a total transaction of C$55,100.00.

Source Energy Services Stock Performance

Shares of Source Energy Services stock traded down C$0.18 on Wednesday, reaching C$9.93. 12,926 shares of the stock were exchanged, compared to its average volume of 23,414. The firm has a market capitalization of C$129.16 million, a PE ratio of -10.45 and a beta of 1.09. Source Energy Services Ltd. has a 1-year low of C$9.41 and a 1-year high of C$18.74. The business has a fifty day moving average price of C$11.51 and a two-hundred day moving average price of C$13.54. The company has a current ratio of 1.22, a quick ratio of 0.22 and a debt-to-equity ratio of 144.16.

Source Energy Services (TSE:SHLE) last announced its quarterly earnings data on Wednesday, July 29th. The company reported C($0.43) EPS for the quarter. Source Energy Services had a negative net margin of 2.21% and a negative return on equity of 6.25%. The firm had revenue of C$137.12 million during the quarter. As a group, research analysts anticipate that Source Energy Services Ltd. will post 3.2287234 earnings per share for the current fiscal year.

Source Energy Services Company Profile

Source is a company that focuses on the integrated production and distribution of frac sand, as well as the distribution of other bulk completion materials not produced by Source. Source provides its customers with an end-to-end solution for frac sand supported by its Wisconsin and Peace River mines and processing facilities, its Western Canadian terminal network and its ‘last mile’ logistics capabilities, including its trucking operations, and Sahara, a proprietary well site mobile sand storage and handling system.