Bradley James Mcfarlane Sells 18,001 Shares of STEP Energy Services Ltd. (TSE:STEP) Stock

STEP Energy Services Ltd. (TSE:STEP) Senior Officer Bradley James Mcfarlane sold 18,001 shares of the firm’s stock in a transaction on Tuesday, December 24th. The stock was sold at an average price of C$4.20, for a total value of C$75,604.20.

STEP Energy Services Stock Down 0.5 %

TSE STEP traded down C$0.02 on Friday, hitting C$4.24. The stock had a trading volume of 5,674 shares, compared to its average volume of 133,203. STEP Energy Services Ltd. has a 52-week low of C$3.37 and a 52-week high of C$5.26. The business’s fifty day moving average price is C$4.58 and its 200 day moving average price is C$4.23. The company has a debt-to-equity ratio of 25.45, a current ratio of 1.47 and a quick ratio of 1.11. The stock has a market cap of C$303.92 million, a price-to-earnings ratio of 4.71 and a beta of 2.07.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on STEP. BMO Capital Markets upped their price objective on shares of STEP Energy Services from C$4.50 to C$5.00 in a research note on Tuesday, November 5th. Acumen Capital set a C$5.25 price objective on shares of STEP Energy Services in a research note on Friday, October 11th. Raymond James dropped their target price on STEP Energy Services from C$6.25 to C$6.00 and set an “outperform” rating on the stock in a research report on Friday, December 20th. Finally, ATB Capital reduced their price target on STEP Energy Services from C$5.50 to C$5.00 and set an “outperform” rating for the company in a research report on Monday. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of C$5.17.

STEP Energy Services Company Profile

STEP Energy Services Ltd., an energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. It also provides fluid pumping services for coiled tubing operations and involved in standalone projects; pipeline commissioning and maintenance services; fracturing logistics services; and laboratory services.