Secure Energy Services Inc. (SES:CA) Declines 5.08%

Secure Energy Services Inc. (SES:CA) Declines 5.08%

It was a tough day for Secure Energy Services Inc. (SES:CA) as its stock fell 5.08% to finish the day at $5.04 a share on October 02. That reduces the company’s market cap to 798.6 million on 158 million outstanding shares. Secure Energy Services Inc. is a component of the the S&P/TSX SmallCap Index.

234,551 shares exchanged hands over the course of the day as compared with an average daily volume of n/a over the last 30 days.

Secure Energy Services Inc provides treatments and disposal services to the oil and gas industry. Fluid and solutions are provided through an integrated service and product offering that includes midstream services, environmental services, systems and products for drilling, production and completion fluids, and other specialized services and products. Through the processing, recovery, and disposal division, Secure delivers processing, storing, shipping, and marketing of crude oil, and oilfield waste disposal and recycling. Additional services and products include equipment and product solutions for drilling, as well as water management and pipeline integrity. The majority of the revenue for Secure’s services is derived from the United States and Canada.. Secure Energy Services Inc. makes its home in Calgary, AB, and currently has CEO Rene Amirault at the helm.

The past 52 weeks have seen the stock trade in a range between a high of $9.44 and a low of $5.26, and it’s currently sporting a 50-day SMA of $n/a and a 200-day SMA of $n/a. The current P/E ratio stands at n/a, with a P/B ratio of 1.

Secure Energy Services Inc. ($SES:CA) is one of the 200 Canadian small-cap stocks that make up the S&P500/TSX SmallCap Index, the widely recognized benchmark for gauging the performance of the Canadian small-cap market. Similar to the Russell 2000 in the United States, the index is market cap-weighted and consists only of smaller companies. To be a part of the index, a company must have a market capitalization between C$100 million and C$1.5 billion with an average share price of C$1 or more.

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