Shares of Secure Energy Services Inc (TSE:SES) traded down 2.4% during mid-day trading on Tuesday . The stock traded as low as C$9.48 and last traded at C$9.72. 277,539 shares were traded during trading, a decline of 28% from the average session volume of 385,313 shares. The stock had previously closed at C$9.49.

Several equities analysts have commented on SES shares. GMP Securities increased their target price on shares of Secure Energy Services from C$11.50 to C$13.00 in a research report on Monday, November 13th. TD Securities increased their target price on shares of Secure Energy Services from C$12.00 to C$12.50 and gave the stock a “buy” rating in a research report on Friday, November 10th. Finally, Canaccord Genuity increased their target price on shares of Secure Energy Services from C$11.00 to C$11.50 in a research report on Monday, November 13th.

The stock has a market cap of $1,510.00, a PE ratio of -70.77 and a beta of 1.31.

Secure Energy Services (TSE:SES) last issued its quarterly earnings results on Thursday, November 9th. The company reported C($0.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.04 by C($0.05). Secure Energy Services had a negative net margin of 0.03% and a negative return on equity of 0.08%.

The firm also recently declared a monthly dividend, which was paid on Monday, January 15th. Stockholders of record on Monday, January 1st were given a $0.023 dividend. This is an increase from Secure Energy Services’s previous monthly dividend of $0.02. This represents a $0.28 annualized dividend and a dividend yield of 3.00%. The ex-dividend date of this dividend was Thursday, December 28th. Secure Energy Services’s dividend payout ratio (DPR) is currently -189.42%.

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Secure Energy Services Company Profile

Secure Energy Services Inc is a Canada-based energy services company. It owns and operates midstream infrastructure and provides environmental services and products to upstream oil and natural gas companies operating in Western Canada and certain regions in the United States. It operates through three divisions.

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