Source Energy Services (OTCMKTS:SCEYF) Trading Up 21.8% – What’s Next?

Shares of Source Energy Services Ltd. (OTCMKTS:SCEYFGet Free Report) shot up 21.8% on Thursday . The company traded as high as $11.22 and last traded at $10.84. 11,200 shares were traded during trading, an increase of 439% from the average session volume of 2,079 shares. The stock had previously closed at $8.90.

Source Energy Services Stock Up 21.8 %

The firm has a 50 day simple moving average of $8.95 and a 200-day simple moving average of $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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