Anthony Michael Aulicino Sells 50,563 Shares of CES Energy Solutions Corp. (TSE:CEU) Stock

CES Energy Solutions Corp. (TSE:CEU) Senior Officer Anthony Michael Aulicino sold 50,563 shares of the firm’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of C$7.23, for a total transaction of C$365,570.49.

Anthony Michael Aulicino also recently made the following trade(s):

• On Thursday, January 2nd, Anthony Michael Aulicino sold 54,789 shares of CES Energy Solutions stock. The shares were sold at an average price of C$10.00, for a total transaction of C$547,890.00.

CES Energy Solutions Stock Down 0.1 %

Shares of CES Energy Solutions stock traded down C$0.01 on Tuesday, hitting C$7.19. 333,878 shares of the company’s stock traded hands, compared to its average volume of 607,459. The stock has a market cap of C$1.61 billion, a P/E ratio of 8.39, a PEG ratio of 0.61 and a beta of 2.31. The company has a quick ratio of 1.78, a current ratio of 2.82 and a debt-to-equity ratio of 57.26. The firm’s 50-day moving average is C$8.54 and its 200 day moving average is C$8.54. CES Energy Solutions Corp. has a 52-week low of C$4.59 and a 52-week high of C$10.20.

CES Energy Solutions Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be given a dividend of $0.0425 per share. This is a positive change from CES Energy Solutions’s previous quarterly dividend of $0.03. This represents a $0.17 annualized dividend and a dividend yield of 2.36%. The ex-dividend date is Monday, March 31st. CES Energy Solutions’s dividend payout ratio is currently 14.01%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on CEU shares. Atb Cap Markets upgraded shares of CES Energy Solutions from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 7th. ATB Capital upgraded shares of CES Energy Solutions from a “sector perform” rating to an “outperform” rating and set a C$11.00 target price on the stock in a research report on Friday, March 7th. Finally, National Bankshares boosted their target price on shares of CES Energy Solutions from C$10.00 to C$11.50 and gave the stock a “sector perform” rating in a research report on Thursday, December 19th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, CES Energy Solutions has an average rating of “Buy” and a consensus target price of C$10.59.

About CES Energy Solutions

CES Energy Solutions Corp provides consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack, and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.