CES Energy Solutions (OTCMKTS:CESDF) Share Price Crosses Above 50-Day Moving Average – Here’s Why

Shares of CES Energy Solutions Corp. (OTCMKTS:CESDFGet Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $5.61 and traded as high as $5.73. CES Energy Solutions shares last traded at $5.73, with a volume of 11,268 shares.

CES Energy Solutions Stock Performance

The stock has a 50-day moving average price of $5.61 and a 200-day moving average price of $5.09.

CES Energy Solutions Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st will be issued a dividend of $0.0219 per share. This represents a yield of 1.55%. The ex-dividend date is Monday, September 30th. CES Energy Solutions’s dividend payout ratio is presently 97.87%.

About CES Energy Solutions

(Get Free Report)

CES Energy Solutions Corp., together with its subsidiaries, engages in design, implement, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada. The company provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets.

Further Reading

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