Source Energy Services (TSE:SHLE) Hits New 52-Week High – Should You Buy?

Source Energy Services Ltd. (TSE:SHLEGet Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as C$18.14 and last traded at C$17.77, with a volume of 16991 shares changing hands. The stock had previously closed at C$17.82.

Source Energy Services Stock Up 0.1%

The company has a market cap of C$233.54 million, a price-to-earnings ratio of 10.05 and a beta of 1.16. The firm has a 50-day moving average price of C$16.15 and a 200 day moving average price of C$14.07. The company has a debt-to-equity ratio of 126.37, a current ratio of 0.61 and a quick ratio of 0.22.

Source Energy Services Company Profile

(Get Free Report)

Source Energy Services Ltd is a Canada based company engaged in the production, supply, and distribution of Northern White frac sand, as well as the distribution of other bulk completion materials not produced by the company. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin mines and processing facilities, its Western Canadian terminal network and its last mile logistics capabilities. The company also offers storage and logistics services for other bulk oil and gas well completion materials and has developed Sahara, a proprietary wellsite mobile sand storage and handling system.

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