Cathedral Energy Services Ltd. (TSE:CET) Senior Officer Fawzi Irani Sells 131,095 Shares

Cathedral Energy Services Ltd. (TSE:CET) Senior Officer Fawzi Irani sold 131,095 shares of Cathedral Energy Services stock in a transaction dated Monday, June 24th. The stock was sold at an average price of C$0.87, for a total value of C$114,052.65.

Cathedral Energy Services Stock Performance

Shares of CET stock opened at C$0.90 on Wednesday. The company has a quick ratio of 1.05, a current ratio of 1.46 and a debt-to-equity ratio of 64.02. The business has a 50-day moving average price of C$0.90 and a two-hundred day moving average price of C$0.86. Cathedral Energy Services Ltd. has a 12-month low of C$0.56 and a 12-month high of C$0.98. The firm has a market cap of C$216.31 million, a P/E ratio of 11.25, a price-to-earnings-growth ratio of -1.64 and a beta of 2.64.

Cathedral Energy Services (TSE:CET) last issued its quarterly earnings results on Thursday, May 9th. The company reported C$0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.06 by C($0.02). Cathedral Energy Services had a return on equity of 12.31% and a net margin of 3.71%. The firm had revenue of C$164.96 million for the quarter, compared to the consensus estimate of C$148.50 million. Equities analysts anticipate that Cathedral Energy Services Ltd. will post 0.15 EPS for the current fiscal year.

Cathedral Energy Services Company Profile

Cathedral Energy Services Ltd., together with its subsidiaries, provides directional drilling services to oil and natural gas companies in western Canada and the United States. It offers remote directional and measurement-while-drilling (MWD), automated gamma, drilling optimization, and well planning services.