Shares of Source Energy Services Ltd. (OTCMKTS:SCEYF – Get Free Report) dropped 11.1% during trading on Wednesday . The stock traded as low as $11.10 and last traded at $11.10. Approximately 155 shares changed hands during trading, a decline of 88% from the average daily volume of 1,325 shares. The stock had previously closed at $12.49.
Source Energy Services Price Performance
The business’s 50-day moving average is $12.54 and its 200 day moving average is $10.94.
About Source Energy Services
Source Energy Services Ltd. is an oilfield services company headquartered in Calgary, Alberta, providing specialized technical solutions to upstream oil and gas operators. The company focuses on enhancing well productivity and optimizing production performance through a suite of completion, stimulation, and production services. Its operations are centered on delivering innovative and cost-efficient offerings designed to improve hydrocarbon recovery and reduce environmental impact.
In its completion and stimulation segment, Source Energy Services offers hydraulic fracturing, coiled tubing, acidizing and chemical stimulation treatments.
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