STEP Energy Services (TSE:STEP) Trading Down 0.2% – Here’s What Happened

STEP Energy Services Ltd. (TSE:STEP) dropped 0.2% during mid-day trading on Wednesday . The company traded as low as C$5.49 and last traded at C$5.49. Approximately 6,456 shares changed hands during trading, a decline of 82% from the average daily volume of 35,283 shares. The stock had previously closed at C$5.50.

STEP Energy Services Trading Down 0.2%

The stock has a market cap of C$400.15 million, a PE ratio of -49.91 and a beta of 1.60. The company’s 50-day moving average price is C$5.49 and its 200 day moving average price is C$5.28. The company has a debt-to-equity ratio of 15.31, a quick ratio of 1.11 and a current ratio of 1.67.

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. STEP has a high-performance, safety-focused culture and our experienced office and field professionals are committed to providing innovative, environmentally responsible, and cost-effective solutions to our clients.