STEP Energy Services (TSE:STEP) Sets New 12-Month High – Here’s Why

STEP Energy Services Ltd. (TSE:STEP) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$5.49 and last traded at C$5.49, with a volume of 7836 shares changing hands. The stock had previously closed at C$5.50.

STEP Energy Services Trading Down 0.2%

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 company has a 50-day simple moving average of C$5.45 and a 200 day simple moving average of C$4.73. The company has a market capitalization of C$400.15 million, a P/E ratio of -49.91 and a beta of 1.60.

STEP Energy Services (TSE:STEP) last posted its quarterly earnings data on Wednesday, November 5th. The company reported C$0.09 earnings per share for the quarter. The company had revenue of C$227.24 million during the quarter. STEP Energy Services had a return on equity of 10.51% and a net margin of 4.10%. Sell-side analysts expect that STEP Energy Services Ltd. will post 1 earnings per share for the current 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.