The Cathedral Energy Services Ltd (CET) Trading Up 5.4%

The Cathedral Energy Services Ltd (CET) Trading Up 5.4%

Cathedral Energy Services Ltd (TSE:CET) was up 5.4% during mid-day trading on Friday . The company traded as high as C$1.38 and last traded at C$1.37. Approximately 31,425 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 105,030 shares. The stock had previously closed at C$1.30.

The company’s market cap is $67.01 million. The stock’s 50 day moving average price is $1.13 and its 200 day moving average price is $1.03.

About Cathedral Energy Services

Cathedral Energy Services Ltd is a Canada-based company, which is engaged in the business of providing selected oilfield services to oil and natural gas exploration and development entities in western Canada and the United States. The Company carries on its activities in Canada and the United States under the name Cathedral Energy Services with operating division Directional Drilling.

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