Does Secure Energy Services Inc Have Any Gas After Today’s Huge Decline?

 Does Secure Energy Services Inc Have Any Gas After Today's Huge Decline?

The stock of Secure Energy Services Inc (TSE:SES) is a huge mover today! About 29,269 shares traded hands. Secure Energy Services Inc (TSE:SES) has risen 7.20% since April 1, 2016 and is uptrending. It has outperformed by 5.25% the S&P500.
The move comes after 6 months negative chart setup for the $1.32 billion company. It was reported on Nov, 8 by Barchart.com. We have $7.89 PT which if reached, will make TSE:SES worth $105.60 million less.

Secure Energy Services Inc (TSE:SES) Ratings Coverage

Out of 7 analysts covering Secure Energy Services Inc. (TSE:SES), 6 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 86% are positive. $21 is the highest target while $9 is the lowest. The $12 average target is 39.86% above today’s ($8.58) stock price. Secure Energy Services Inc. has been the topic of 25 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was maintained by RBC Capital Markets with “Outperform” on Tuesday, November 17. The firm earned “Sector Perform” rating on Friday, November 4 by Scotia Capital. The firm has “Buy” rating given on Friday, November 4 by TD Securities. The rating was downgraded by Raymond James on Friday, October 7 to “Outperform”. On Friday, September 9 the stock rating was maintained by Cormark Securities with “Buy”.

More important recent Secure Energy Services Inc (TSE:SES) news were published by: Marketwatch.com which released: “SECURE Energy Services Announces November 2016 Dividend” on October 17, 2016, also Forbes.com published article titled: “Secure Energy Services Becomes Oversold (SES)”, 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) was released by: Marketwired.com and their article: “Secure Energy Services Inc. Announces $140 Million Bought Deal Equity Financing” with publication date: March 04, 2015.

Secure Energy Services Inc. is an energy services company. The company has a market cap of $1.32 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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