Source Energy Services (OTCMKTS:SCEYF) Shares Up 2.7% – Time to Buy?

Source Energy Services Ltd. (OTCMKTS:SCEYFGet Free Report)’s stock price was up 2.7% during trading on Wednesday . The company traded as high as $9.77 and last traded at $9.77. Approximately 800 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 1,043 shares. The stock had previously closed at $9.5125.

Analyst Ratings Changes

Separately, BMO Capital Markets reaffirmed a “market perform” rating on shares of Source Energy Services in a report on Friday, May 8th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Get Our Latest Stock Analysis on Source Energy Services

Source Energy Services Stock Performance

The stock’s 50-day moving average price is $10.93 and its 200-day moving average price is $11.57.

About Source Energy Services

(Get Free Report)

Source Energy Services Ltd. is an oilfield services company headquartered in Calgary, Alberta, providing specialized technical solutions to upstream oil and gas operators. The company focuses on enhancing well productivity and optimizing production performance through a suite of completion, stimulation, and production services. Its operations are centered on delivering innovative and cost-efficient offerings designed to improve hydrocarbon recovery and reduce environmental impact.

In its completion and stimulation segment, Source Energy Services offers hydraulic fracturing, coiled tubing, acidizing and chemical stimulation treatments.

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