CES Energy Solutions Corp (OTCMKTS:CESDF) shares dropped 5.8% on Friday . The stock traded as low as $1.55 and last traded at $1.55, approximately 360 shares were traded during mid-day trading. A decline of 97% from the average daily volume of 12,185 shares. The stock had previously closed at $1.64.

CESDF has been the topic of several research analyst reports. Royal Bank of Canada initiated coverage on shares of CES Energy Solutions in a research report on Wednesday, July 3rd. They issued a “sector perform” rating on the stock. BMO Capital Markets lowered shares of CES Energy Solutions from an “outperform” rating to a “market perform” rating in a research report on Friday, August 9th.

The company’s 50-day moving average price is $1.47 and its two-hundred day moving average price is $1.82.

About CES Energy Solutions (OTCMKTS:CESDF)

CES Energy Solutions Corp., together with its subsidiaries, provides consumable chemical solutions throughout the life-cycle of the oilfield. The company provides solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and through to the pipeline and midstream market.

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