What’s Propelling Canadian Energy Services & Technlgy Corp to Decline So Much?


The stock of Canadian Energy Services & Technlgy Corp (TSE:CEU) is a huge mover today! About 634,405 shares traded hands. Canadian Energy Services & Technlgy Corp (TSE:CEU) has risen 26.36% since February 5, 2016 and is uptrending. It has outperformed by 9.87% the S&P500.
The move comes after 7 months negative chart setup for the $1.22 billion company. It was reported on Sep, 13 by Barchart.com. We have $4.38 PT which if reached, will make TSE:CEU worth $73.20 million less.

Out of 2 analysts covering Canadian Energy Services & Technology (TSE:CEU), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Canadian Energy Services & Technology has been the topic of 14 analyst reports since October 9, 2015 according to StockzIntelligence Inc.

Canadian Energy Services and Technology Corp is a Canada company, which designs, implements, and makes consumable fluids and specialty chemicals for the gas and oil industry. The company has a market cap of $1.22 billion. The Firm operates in the Western Canadian Sedimentary Basin and in several basins throughout the United States. It currently has negative earnings. In Canada, the Company operates under the trade names Canadian Energy Services, PureChem Services, Sialco Materials Ltd., Clear Environmental Solutions and EQUAL Transport.

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