STEP Energy Services (TSE:STEP) Hits New 1-Year High – What’s Next?

Shares of STEP Energy Services Ltd. (TSE:STEP) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$5.48 and last traded at C$5.47, with a volume of 52704 shares changing hands. The stock had previously closed at C$5.47.

STEP Energy Services Stock Down 0.2%

The stock’s 50-day simple moving average is C$5.18 and its 200 day simple moving average is C$4.54. The firm has a market cap of C$398.69 million, a P/E ratio of -49.73 and a beta of 1.47. The company has a quick ratio of 1.11, a current ratio of 1.39 and a debt-to-equity ratio of 22.04.

STEP Energy Services (TSE:STEP) last issued its earnings results on Wednesday, November 5th. The company reported C$0.09 earnings per share for the quarter. The business had revenue of C$227.24 million during the quarter. STEP Energy Services had a return on equity of 10.51% and a net margin of 4.10%. As a group, research analysts forecast that STEP Energy Services Ltd. will post 1 EPS for the current fiscal year.

About STEP Energy Services

STEP Energy Services is an energy services company that provides coiled tubing, fluid and nitrogen pumping and hydraulic fracturing solutions. Our combination of modern equipment along with our commitment to safety and quality execution has differentiated STEP in plays where wells are deeper, have longer laterals and higher pressures.