The 300,000 Shares of Stock are sold by Insider Selling: Canadian Energy Services & Tech Corp (CEU) Director

The 300,000 Shares of Stock are sold by Insider Selling: Canadian Energy Services & Tech Corp (CEU) Director

Canadian Energy Services & Tech Corp (TSE:CEU) Director Thomas James Simons sold 300,000 shares of the business’s stock in a transaction dated Thursday, October 6th. The shares were sold at an average price of C$5.75, for a total value of C$1,725,000.00.

Shares of Canadian Energy Services & Tech Corp (TSE:CEU) opened at 5.49 on Friday. Canadian Energy Services & Tech Corp has a 12 month low of $2.85 and a 12 month high of $6.55. The firm has a 50 day moving average price of $4.85 and a 200-day moving average price of $3.96. The firm’s market cap is $1.43 billion.

A number of brokerages have commented on CEU. Raymond James Financial Inc. restated a “market perform” rating and issued a C$6.20 target price on shares of Canadian Energy Services & Tech Corp in a research note on Friday. Scotiabank restated an “outperform” rating and issued a C$6.50 target price on shares of Canadian Energy Services & Tech Corp in a research note on Wednesday, August 3rd. Royal Bank Of Canada boosted their target price on Canadian Energy Services & Tech Corp from C$5.50 to C$6.00 and gave the company an “outperform” rating in a research note on Tuesday, September 6th. Eurobank EFG boosted their target price on Canadian Energy Services & Tech Corp from C$4.30 to C$5.00 in a research note on Monday, August 15th. Finally, FirstEnergy Capital upgraded Canadian Energy Services & Tech Corp from an “underperform” rating to a “market perform” rating in a research note on Tuesday, August 2nd. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of C$5.15.

10/09/insider-selling-canadian-energy-services-tech-corp-ceu-director-sells-300000-shares-of-stock.html

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