Cathedral Energy Services (CET) Shares Down 1.4%
Cathedral Energy Services Ltd (TSE:CET) dropped 1.4% on Friday . The stock traded as low as C$1.42 and last traded at C$1.46. Approximately 9,000 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 133,172 shares. The stock had previously closed at C$1.48.
Separately, GMP Securities upped their target price on shares of Cathedral Energy Services from C$2.00 to C$2.50 in a report on Monday, November 13th.
The company has a market cap of $73.09, a price-to-earnings ratio of 21.14 and a beta of 2.10.
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About Cathedral Energy Services
Cathedral Energy Services Ltd is a Canada-based company, which is engaged in the business of providing selected oilfield services to oil and natural gas exploration and development entities in western Canada and the United States. The Company carries on its activities in Canada and the United States under the name Cathedral Energy Services with operating division Directional Drilling.
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