(CEU) CES Energy Solutions - Ratings and Ratios

CES Energy Solutions Corp (TO:CEU), a leading provider of advanced consumable fluids and specialty chemicals, operates primarily in the United States and Canada. The company serves various sectors within the oil and gas industry, including drill-bit, completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets. Their product portfolio includes corrosion inhibitors, demulsifiers, H2S scavengers, paraffin control products, surfactants, scale inhibitors, biocides, and other specialized solutions. Additionally, CES designs and implements drilling fluid systems and completion solutions for oil and natural gas producers, manufactures production and specialty chemicals, and operates a fleet of trucks and trailers tailored for oil and gas transportation. The company also offers environmental consulting, water management, drilling fluids waste disposal, and laboratory services. Formerly known as Canadian Energy Services & Technology Corp., CES Energy Solutions Corp. was renamed in June 2017 and has been incorporated since 1986, with its headquarters in Calgary, Canada. For more information, visit their website at https://www.cesenergysolutions.com.

The company is listed under the ticker symbol CEU on the Toronto Stock Exchange (TO) as a common stock, classified under the GICS Sub Industry: Oil & Gas Equipment & Services.

Ticker Symbol: CEU Exchange: TO Type: common stock Country Origin: Canada GICS Sub Industry: Oil & Gas Equipment & Services Average Volume 20d: 573500 Last Price: 6.08 SMA 20: 6.15 SMA 50: 6.95 SMA 200: 8.04 ATR: 0.33 Market Cap: 1437.98M CAD P/E: 7.90 P/E Forward: 7.27 P/B: 1.77 P/S: 0.61 RoE: 23.47 3-Month Forecast: 1. Technical Outlook: - The stock is currently trading below its SMA20 and SMA50, indicating a potential short-term downtrend. The SMA200 is significantly higher, suggesting a longer-term downtrend. - The ATR is relatively low, indicating reduced volatility, which may signal a consolidation phase. 2. Fundamental Outlook: - The companys P/E ratio is lower than its forward P/E, suggesting potential undervaluation with expectations of future improvement. - The P/S ratio is low, indicating the stock is attractively priced relative to its sales. - A high RoE of 23.47% highlights strong profitability and efficient use of equity. 3. Forecast: - Price Action: Anticipate continued consolidation with potential support around the SMA200 (8.04) and resistance at the SMA50 (6.95). - Volatility: Expect low to moderate volatility with ATR around 0.33, suggesting minimal price swings. - Momentum: A bullish signal could emerge if the price breaks above the SMA50, indicating a potential trend reversal. This forecast is based on the provided technical and fundamental data, focusing on key indicators to predict future price movements and market behavior.