STEP Energy Services (TSE:STEP) PT Lowered to C$4.50 at BMO Capital Markets

STEP Energy Services (TSE:STEP) had its price target cut by BMO Capital Markets from C$5.00 to C$4.50 in a research note published on Friday, BayStreet.CA reports.

Other analysts have also recently issued research reports about the company. Raymond James raised their price target on STEP Energy Services from C$6.00 to C$6.25 in a report on Thursday, August 8th. Royal Bank of Canada dropped their target price on shares of STEP Energy Services from C$5.50 to C$5.00 in a research report on Thursday, August 8th.

STEP Energy Services Trading Up 0.3 %

Shares of STEP Energy Services stock opened at C$3.94 on Friday. The company’s 50-day moving average price is C$4.02 and its 200-day moving average price is C$4.03. The company has a current ratio of 1.47, a quick ratio of 1.11 and a debt-to-equity ratio of 25.45. STEP Energy Services has a 12-month low of C$3.37 and a 12-month high of C$4.82. The company has a market cap of C$282.42 million, a price-to-earnings ratio of 4.38 and a beta of 2.07.

STEP Energy Services Company Profile

STEP Energy Services Ltd., an energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. It also provides fluid pumping services for coiled tubing operations and involved in standalone projects; pipeline commissioning and maintenance services; fracturing logistics services; and laboratory services.