STEP Energy Services (TSE:STEP) Sets New 52-Week High – Here’s What Happened

STEP Energy Services Ltd. (TSE:STEP)’s share price hit a new 52-week high during trading on Monday . The company traded as high as C$5.48 and last traded at C$5.47, with a volume of 52704 shares traded. The stock had previously closed at C$5.47.

STEP Energy Services Price Performance

The stock’s 50 day moving average is C$5.12 and its two-hundred day moving average is C$4.51. The stock has a market capitalization of C$399.42 million, a PE ratio of -49.82 and a beta of 1.47. The company has a debt-to-equity ratio of 22.04, a current ratio of 1.39 and a quick ratio of 1.11.

STEP Energy Services (TSE:STEP) last posted its quarterly earnings results on Wednesday, November 5th. The company reported C$0.09 EPS for the quarter. STEP Energy Services had a net margin of 4.10% and a return on equity of 10.51%. The company had revenue of C$227.24 million during the quarter. As a group, sell-side analysts forecast that STEP Energy Services Ltd. will post 1 earnings per share for the current fiscal year.

About STEP Energy Services

STEP Energy Services is an energy services company that provides coiled tubing, fluid and nitrogen pumping and hydraulic fracturing solutions. Our combination of modern equipment along with our commitment to safety and quality execution has differentiated STEP in plays where wells are deeper, have longer laterals and higher pressures.