Source Energy Services (OTCMKTS:SCEYF) Trading Up 21.8% – Time to Buy?

by · The Markets Daily

Source Energy Services Ltd. (OTCMKTS:SCEYF – Get Free Report)’s share price was up 21.8% on Thursday . The stock traded as high as $11.22 and last traded at $10.84. Approximately 11,200 shares traded hands during trading, an increase of 439% from the average daily volume of 2,079 shares. The stock had previously closed at $8.90.

Source Energy Services Stock Performance

The company’s 50 day moving average price is $8.95 and its two-hundred day moving average price is $9.09.

About Source Energy Services

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Source Energy Services Ltd. engages in the production and distribution of Northern White frac sand used primarily in oil and gas exploration and production in Canada and the United States. It also provides storage and logistics services for other bulk oil and gas well completion materials; and develops Sahara, a wellsite mobile sand storage and handling system.

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