STEP Energy Services Ltd (TSE:STEP) insider David Todd Johnson purchased 3,800 shares of the firm’s stock in a transaction that occurred on Wednesday, August 15th. The stock was acquired at an average price of C$7.78 per share, for a total transaction of C$29,564.00.
STEP Energy Services stock traded down C$0.67 during trading hours on Friday, reaching C$7.67. 94,420 shares of the stock were exchanged, compared to its average volume of 138,439. STEP Energy Services Ltd has a twelve month low of C$7.50 and a twelve month high of C$15.93.
Several research firms recently commented on STEP. Raymond James restated a “strong-buy” rating and issued a C$24.00 price target on shares of STEP Energy Services in a research note on Monday, June 25th. Royal Bank of Canada decreased their price target on shares of STEP Energy Services from C$17.00 to C$15.00 and set an “outperform” rating on the stock in a research note on Friday, August 3rd. National Bank Financial decreased their price target on shares of STEP Energy Services from C$17.00 to C$15.50 and set an “outperform” rating on the stock in a research note on Thursday, August 2nd. TD Securities upped their price target on shares of STEP Energy Services from C$13.50 to C$15.00 and gave the company a “buy” rating in a research note on Wednesday, May 9th. Finally, BMO Capital Markets upped their price target on shares of STEP Energy Services from C$13.00 to C$15.00 and gave the company an “outperform” rating in a research note on Wednesday, May 9th. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of C$17.32.
About STEP Energy Services
STEP Energy Services Ltd. operates as an oilfield service company that provides fracturing and coiled tubing solutions in Canada and the United States. It applies fit-for-purpose coiled tubing, pumping, and hydraulic fracturing technology to enhance reservoir performance in well stimulation and intervention projects for clients operating in unconventional oil, gas, and liquids rich plays.
Receive News & Ratings for STEP Energy Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for STEP Energy Services and related companies with MarketBeat.com's FREE daily email newsletter.