CES Energy Solutions Corp. (OTCMKTS:CESDF) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of CES Energy Solutions Corp. (OTCMKTS:CESDF) have been assigned an average recommendation of “Moderate Buy” from the five ratings firms that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company.

A number of research firms have recently issued reports on CESDF. Scotiabank reissued an “outperform” rating on shares of CES Energy Solutions in a report on Monday, May 11th. BMO Capital Markets raised CES Energy Solutions from an “outperform” rating to an “outperform” rating in a report on Wednesday. Royal Bank Of Canada reissued an “outperform” rating on shares of CES Energy Solutions in a report on Monday, May 11th. TD Securities restated a “hold” rating on shares of CES Energy Solutions in a research note on Friday, May 8th. Finally, National Bank Financial downgraded CES Energy Solutions from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, May 12th.

CES Energy Solutions Trading Up 2.2%

Shares of OTCMKTS:CESDF traded up $0.24 during trading on Tuesday, reaching $11.14. The company had a trading volume of 1,703,364 shares, compared to its average volume of 39,140. The stock’s fifty day moving average price is $12.85 and its 200 day moving average price is $11.68. CES Energy Solutions has a fifty-two week low of $4.77 and a fifty-two week high of $14.25.

About CES Energy Solutions

CES Energy Solutions Corp. is a North American provider of specialty chemical solutions and services to the oil and gas industry. The company develops, manufactures and markets a comprehensive range of products used in drilling, completion, production and environmental applications. These offerings include drilling and completion fluids, production chemicals, proppants and solids control equipment, all designed to optimize well performance and minimize environmental impact.

Headquartered in Calgary, Alberta, CES Energy Solutions operates a network of manufacturing, blending and distribution facilities across Canada and the United States.