Llc Tpg Gp A Sells 12,725 Shares of Secure Energy Services Inc. (TSE:SES) Stock

Secure Energy Services Inc. (TSE:SES) insider Llc Tpg Gp A sold 12,725 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of C$16.99, for a total value of C$216,235.93.

Secure Energy Services Price Performance

TSE:SES traded down C$0.01 during mid-day trading on Friday, hitting C$16.57. The company’s stock had a trading volume of 385,100 shares, compared to its average volume of 711,081. The company has a market capitalization of C$3.99 billion, a price-to-earnings ratio of 8.29, a P/E/G ratio of 0.17 and a beta of 2.41. The company has a current ratio of 1.15, a quick ratio of 1.10 and a debt-to-equity ratio of 52.03. Secure Energy Services Inc. has a fifty-two week low of C$7.57 and a fifty-two week high of C$17.13. The stock has a fifty day moving average of C$13.67 and a 200-day moving average of C$12.39.

Secure Energy Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date was Tuesday, October 1st. Secure Energy Services’s dividend payout ratio (DPR) is 20.00%.

Wall Street Analysts Forecast Growth

SES has been the subject of several recent analyst reports. BMO Capital Markets upped their price objective on shares of Secure Energy Services from C$17.00 to C$20.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. CIBC upped their price target on shares of Secure Energy Services from C$15.00 to C$16.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. ATB Capital lifted their price objective on Secure Energy Services from C$17.00 to C$18.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. Eight Capital boosted their price objective on Secure Energy Services from C$20.00 to C$22.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Finally, Scotiabank raised their target price on Secure Energy Services from C$16.00 to C$18.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$16.58.

About Secure Energy Services

Secure Energy Services Inc engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through three segments, Environmental Waste Management, Energy Infrastructure, and Oilfield Services. The Environmental Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer, and metal recycling facilities.