CES Energy Solutions (OTCMKTS:CESDF) Stock Price Passes Below 50-Day Moving Average – Here’s What Happened

CES Energy Solutions Corp. (OTCMKTS:CESDFGet Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $6.54 and traded as low as $6.13. CES Energy Solutions shares last traded at $6.21, with a volume of 5,267 shares trading hands.

CES Energy Solutions Trading Down 0.2 %

The company has a 50-day moving average price of $6.54 and a 200-day moving average price of $6.08.

CES Energy Solutions Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st were paid a $0.0216 dividend. The ex-dividend date was Tuesday, December 31st. This represents a dividend yield of 1.31%. CES Energy Solutions’s payout ratio is 97.87%.

About CES Energy Solutions

(Get Free Report)

CES Energy Solutions Corp., together with its subsidiaries, engages in design, implement, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada. The company provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets.

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