What Will Happen to Secure Energy Services Inc Next? The Stock Just Declined A Lot


 What Will Happen to Secure Energy Services Inc Next? The Stock Just Declined A Lot

The stock of Secure Energy Services Inc (TSE:SES) is a huge mover today! About 346,903 shares traded hands. Secure Energy Services Inc (TSE:SES) has risen 7.53% since March 10, 2016 and is uptrending. It has outperformed by 1.91% the S&P500.
The move comes after 9 months negative chart setup for the $1.41 billion company. It was reported on Oct, 17 by Barchart.com. We have $8.18 PT which if reached, will make TSE:SES worth $112.80M less.

Secure Energy Services Inc (TSE:SES) Ratings Coverage

Out of 6 analysts covering Secure Energy Services Inc. (TSE:SES), 6 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $21 is the highest target while $9 is the lowest. The $13.11 average target is 47.47% above today’s ($8.89) stock price. Secure Energy Services Inc. has been the topic of 23 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Friday, October 7 by Raymond James. The company was maintained on Friday, September 9 by Cormark Securities. RBC Capital Markets maintained it with “Outperform” rating and $14 target price in Tuesday, November 17 report.

More notable recent Secure Energy Services Inc (TSE:SES) news were published by: Stockhouse.com which released: “SECURE Energy Services Announces November 2016 Dividend” on October 17, 2016, also Forbes.com with their article: “Secure Energy Services Becomes Oversold (SES)” published on June 15, 2015, Marketwired.com published: “SECURE Energy Services Inc. Announces $91.8 Million Bought Deal Financing” on March 02, 2016. More interesting news about Secure Energy Services Inc (TSE:SES) were released by: Marketwired.com and their article: “Secure Energy Services Inc. Announces $140 Million Bought Deal Equity Financing” published on March 04, 2015 as well as Marketwatch.com‘s news article titled: “SECURE Energy Services Announces September 2016 Dividend” with publication date: May 02, 2016.

Secure Energy Services Inc. is an energy services company. The company has a market cap of $1.41 billion. It owns and operates midstream infrastructure and provides environmental services and products to upstream oil and natural gas companies operating in Western Canada and certain regions in the United States. It currently has negative earnings. It operates through three divisions.

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