STEP Energy Services (TSE:STEP) Hits New 12-Month High – What’s Next?

Shares of STEP Energy Services Ltd. (TSE:STEP) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$5.49 and last traded at C$5.49, with a volume of 7836 shares changing hands. The stock had previously closed at C$5.50.

STEP Energy Services Trading Down 0.2%

The company has a current ratio of 1.39, a quick ratio of 1.11 and a debt-to-equity ratio of 22.04. The firm has a 50-day moving average price of C$5.46 and a 200-day moving average price of C$4.76. The company has a market capitalization of C$400.15 million, a price-to-earnings ratio of -49.91 and a beta of 1.60.

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

STEP Energy Services Company Profile

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.