CES Energy Solutions (OTCMKTS:CESDF) Stock Passes Above Fifty Day Moving Average – Should You Sell?

CES Energy Solutions Corp. (OTCMKTS:CESDF)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $5.69 and traded as high as $6.41. CES Energy Solutions shares last traded at $6.40, with a volume of 4,169 shares.

CES Energy Solutions Stock Performance

The stock has a 50 day simple moving average of $5.70 and a 200 day simple moving average of $5.44.

CES Energy Solutions Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were paid a dividend of $0.0219 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a yield of 1.55%. CES Energy Solutions’s dividend payout ratio (DPR) is presently 97.87%.

CES Energy Solutions Company Profile

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.