Source Energy Services (OTCMKTS:SCEYF) Shares Down 3.7% – Time to Sell?

Source Energy Services Ltd. (OTCMKTS:SCEYFGet Free Report) fell 3.7% during trading on Monday . The company traded as low as $12.45 and last traded at $12.45. 415 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 2,328 shares. The stock had previously closed at $12.93.

Source Energy Services Stock Performance

The company’s 50-day simple moving average is $10.44 and its 200-day simple moving average is $9.44.

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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