Is Selling Secure Energy Services Inc Here a Winning Strategy?

 Is Selling Secure Energy Services Inc Here a Winning Strategy?

The stock of Secure Energy Services Inc (TSE:SES) is a huge mover today! About 51,565 shares traded hands. Secure Energy Services Inc (TSE:SES) has declined 0.68% since April 18, 2016 and is downtrending. It has underperformed by 5.23% the S&P500.
The move comes after 7 months negative chart setup for the $1.40 billion company. It was reported on Nov, 22 by Barchart.com. We have $8.48 PT which if reached, will make TSE:SES worth $42.00 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 37.30% above today’s ($8.74) stock price. Secure Energy Services Inc. has been the topic of 25 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Secure Energy Services Inc (TSE:SES) earned “Outperform” rating by Raymond James on Friday, October 7. The firm earned “Outperform” rating on Tuesday, November 17 by RBC Capital Markets. Scotia Capital maintained the stock with “Sector Perform” rating in Friday, November 4 report. Cormark Securities maintained the stock with “Buy” rating in Friday, September 9 report. The firm earned “Buy” rating on Friday, November 4 by TD Securities.

More notable recent Secure Energy Services Inc (TSE:SES) news were published by: Forbes.com which released: “Secure Energy Services Becomes Oversold (SES)” on June 15, 2015, also Marketwatch.com with their article: “SECURE Energy Services Announces December 2016 Dividend” published on November 15, 2016, 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 Strategic Acquisition of Predator …” published on August 12, 2014 as well as Marketwired.com‘s news article titled: “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 $1.40 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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