STEP Energy Services (TSE:STEP) Shares Down 0.2% – Here’s What Happened

STEP Energy Services Ltd. (TSE:STEP)’s stock price traded down 0.2% on Wednesday . The stock traded as low as C$5.49 and last traded at C$5.49. 6,456 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 35,283 shares. The stock had previously closed at C$5.50.

STEP Energy Services Stock Performance

The company has a quick ratio of 1.11, a current ratio of 1.67 and a debt-to-equity ratio of 15.31. The stock’s fifty day moving average is C$5.49 and its two-hundred day moving average is C$5.49. The firm has a market capitalization of C$400.15 million, a price-to-earnings ratio of -49.91 and a beta of 1.60.

STEP Energy Services Company Profile

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. STEP has a high-performance, safety-focused culture and our experienced office and field professionals are committed to providing innovative, environmentally responsible, and cost-effective solutions to our clients.