Canadian Energy Services & Technlgy Corp Declines Again; Strong Momentum for Sellers

 Canadian Energy Services & Technlgy Corp Declines Again; Strong Momentum for Sellers

The stock of Canadian Energy Services & Technlgy Corp (TSE:CEU) is a huge mover today! About 91,748 shares traded hands. Canadian Energy Services & Technlgy Corp (TSE:CEU) has risen 89.27% since April 19, 2016 and is uptrending. It has outperformed by 83.94% the S&P500.
The move comes after 9 months negative chart setup for the $1.71B company. It was reported on Nov, 23 by Barchart.com. We have $6.00 PT which if reached, will make TSE:CEU worth $153.90M less.

Canadian Energy Services & Technlgy Corp (TSE:CEU) Ratings Coverage

Out of 5 analysts covering Canadian Energy Services & Technology Corp. (TSE:CEU), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. $87 is the highest target while $2 is the lowest. The $19.62 average target is 197.72% above today’s ($6.59) stock price. Canadian Energy Services & Technology Corp. has been the topic of 21 analyst reports since August 13, 2015 according to StockzIntelligence Inc. The stock of Canadian Energy Services & Technlgy Corp (TSE:CEU) has “Outperform” rating given on Tuesday, December 15 by National Bank Canada. The rating was maintained by Raymond James with “Market Perform” on Friday, October 7. On Thursday, August 13 the stock rating was maintained by Scotia Capital with “Focus Stock”. The stock of Canadian Energy Services & Technlgy Corp (TSE:CEU) earned “Outperform” rating by Scotia Capital on Thursday, June 9.

More notable recent Canadian Energy Services & Technlgy Corp (TSE:CEU) news were published by: Marketwired.com which released: “Canadian Energy Services & Technology Corp. Announces Results for the Third …” on November 10, 2016, also Marketwired.com with their article: “Canadian Energy Services & Technology Corp. Announces Closing of $92.0 Million …” published on June 08, 2016, Marketwired.com published: “Canadian Energy Services & Technology Corp. Announces Cash Dividend and …” on October 14, 2016. More interesting news about Canadian Energy Services & Technlgy Corp (TSE:CEU) were released by: Seekingalpha.com and their article: “Canadian Energy Services & Technology’s (CESDF) CEO Tom Simons on Q3 2016 …” published on November 11, 2016 as well as Marketwired.com‘s news article titled: “Canadian Energy Services & Technology Corp. Announces Results for the Second …” with publication date: August 11, 2016.

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 $1.71 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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