Is Canyon Services Group Inc’s Fuel Running Low? The Stock Just Declined Again


The stock of Canyon Services Group Inc (TSE:FRC) is a huge mover today! About 223,417 shares traded hands. Canyon Services Group Inc (TSE:FRC) has risen 26.08% since February 5, 2016 and is uptrending. It has outperformed by 9.59% the S&P500.
The move comes after 5 months negative chart setup for the $374.68M company. It was reported on Sep, 13 by We have $4.04 PT which if reached, will make TSE:FRC worth $37.47M less.

Out of 5 analysts covering Canyon Services Group Inc. (TSE:FRC), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. Canyon Services Group Inc. has been the topic of 11 analyst reports since October 9, 2015 according to StockzIntelligence Inc.

Canyon Services Group Inc. provides stimulation and fluid management services to gas and oil exploration and production companies operating in the Western Canadian Sedimentary Basin. The company has a market cap of $374.68 million. The Company’s divisions include Pressure Pumping Services and Fluid Management Services. It currently has negative earnings. Pressure pumping services include hydraulic fracturing, nitrogen fracturing, coiled tubing, chemical stimulation and cementing.

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