STEP Energy Services (TSE:STEP) Reaches New 12-Month High – Should You Buy?

Shares of STEP Energy Services Ltd. (TSE:STEP) hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$5.50 and last traded at C$5.47, with a volume of 2456 shares. The stock had previously closed at C$5.47.

STEP Energy Services Stock Performance

The firm has a fifty day moving average price of C$5.37 and a 200 day moving average price of C$4.63. The company has a debt-to-equity ratio of 22.04, a quick ratio of 1.11 and a current ratio of 1.39. The stock has a market cap of C$399.42 million, a PE ratio of -49.82 and a beta of 1.47.

STEP Energy Services (TSE:STEP) last announced its earnings results on Wednesday, November 5th. The company reported C$0.09 earnings per share for the quarter. STEP Energy Services had a return on equity of 10.51% and a net margin of 4.10%.The firm had revenue of C$227.24 million for the quarter. Research analysts forecast that STEP Energy Services Ltd. will post 1 earnings per share for the current fiscal year.

STEP Energy Services Company Profile

STEP Energy Services is an energy services company that provides coiled tubing, fluid and nitrogen pumping and hydraulic fracturing solutions. Our combination of modern equipment along with our commitment to safety and quality execution has differentiated STEP in plays where wells are deeper, have longer laterals and higher pressures.