Secure Energy Services Inc. (TSE:SES) Insider Llc Tpg Gp A Sells 4,271 Shares

Secure Energy Services Inc. (TSE:SES) insider Llc Tpg Gp A sold 4,271 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of C$16.50, for a total value of C$70,475.77.

Llc Tpg Gp A also recently made the following trade(s):

• On Tuesday, November 12th, Llc Tpg Gp A sold 12,725 shares of Secure Energy Services stock. The shares were sold at an average price of C$16.99, for a total value of C$216,235.93.

Secure Energy Services Stock Down 0.1 %

Shares of SES opened at C$16.57 on Monday. The company has a market capitalization of C$3.99 billion, a PE ratio of 8.29, a PEG ratio of 0.17 and a beta of 2.41. Secure Energy Services Inc. has a 12 month low of C$7.57 and a 12 month high of C$17.13. The stock’s 50-day moving average price is C$13.67 and its two-hundred day moving average price is C$12.40. 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 Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.41%. The ex-dividend date was Tuesday, October 1st. Secure Energy Services’s payout ratio is presently 20.00%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on SES shares. National Bankshares raised their target price on Secure Energy Services from C$14.00 to C$17.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Eight Capital raised their price objective on Secure Energy Services from C$20.00 to C$22.00 and gave the company a “buy” rating in a report on Thursday, October 31st. ATB Capital raised their price objective on Secure Energy Services from C$17.00 to C$18.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. CIBC raised their price objective on 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. Finally, Scotiabank raised their price objective 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 research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target 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.