CES Energy Solutions Corp. (OTCMKTS:CESDF) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of CES Energy Solutions Corp. (OTCMKTS:CESDF) have received a consensus recommendation of “Moderate Buy” from the six research firms that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company.

A number of equities research analysts have recently weighed in on CESDF shares. TD Securities reiterated a “hold” rating on shares of CES Energy Solutions in a research report on Friday, May 8th. Scotiabank reaffirmed an “outperform” rating on shares of CES Energy Solutions in a report on Monday, May 11th. National Bank Financial downgraded shares of CES Energy Solutions from an “outperform” rating to a “sector perform” rating in a report on Tuesday, May 12th. Royal Bank Of Canada restated an “outperform” rating on shares of CES Energy Solutions in a research report on Monday, May 11th. Finally, BMO Capital Markets upgraded shares of CES Energy Solutions from an “outperform” rating to an “outperform” rating in a research report on Wednesday, June 24th.

CES Energy Solutions Stock Performance

Shares of CESDF stock opened at $11.80 on Tuesday. The firm has a 50 day moving average price of $12.73 and a two-hundred day moving average price of $11.74. CES Energy Solutions has a 12-month low of $4.85 and a 12-month 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.