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

Shares of CES Energy Solutions Corp. (OTCMKTS:CESDF) have been given an average recommendation of “Moderate Buy” by the six analysts that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company.

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

CES Energy Solutions Price Performance

OTCMKTS:CESDF opened at $11.46 on Friday. CES Energy Solutions has a fifty-two week low of $4.98 and a fifty-two week high of $14.25. The company has a 50 day simple moving average of $12.17 and a two-hundred day simple moving average of $11.97.

CES Energy Solutions Company Profile

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.