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Seaport Global Securities announced Eco-Stim Energy (US:ESES), dropping its stock price target to $1.30 today

In a report released on Wednesday June 21, 2017 Seaport Global Securities reduced the stock price target of Eco-Stim Energy (US:ESES) from $2.00 to $1.30 reporting a possible upside of 0.03%.

Previously on 6/05/2017, FBR & Co. released a statement about Eco-Stim Energy (US:ESES) increased the target price from $1.85 to $2.20. At the time, this indicated a possible upside of 0.52%.

Just yesterday Eco-Stim Energy (US:ESES) traded 0.00% even at $1.26. Eco-Stim Energy’s 50-day moving average is $1.43 and its 200-day moving average is $1.28. The last stock price is down 5.63% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 55,264 shares of ESES traded hands, down from an average trading volume of 95,850

Recent Performance Chart

Eco-Stim Energy (US:ESES)

Eco-Stim Energy has 52 week low of $0.66 and a 52 week high of $2.37 and has a market capitalization of $0.

In addition to Seaport Global Securities reporting its stock price target, a total of 6 brokerages have issued a ratings update on the company. The average stock price target is $6.83 with 1 brokerage rating the stock a strong buy, 4 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Eco-Stim Energy (US:ESES)

Eco-Stim Energy Solutions, Inc. is an oilfield services company. The Company provides well stimulation, coiled tubing and field management services to the upstream oil and gas industry. The Company focuses on the active shale and unconventional oil and natural gas basins outside the United States and it has commenced operations in Argentina. The Company operates well stimulation fleets, coiled tubing units and other downhole completion equipment, as well as provides sweet spot analysis in shale resource basins using geophysical predictive modeling combined with real-time feedback from down-hole diagnostic tools. The Company offers a pumping fleet, including well-stimulation pumps, nitrogen pumping units and cranes, in both trailer-mounted and skid-mounted configurations. It provides a range of pressure-pumping services, including work-over pumping, well injection and wireline pump downs.

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