C&J Energy Services Ltd. (CJES) was Reiterated by KLR Group to “Hold” while Lowering the Price Target of the company shares to $ 0.50 from a previous price target of $1.50 . KLR Group advised their investors in a research report released on May 12, 2016.
Many Wall Street Analysts have commented on C&J Energy Services Ltd.. C&J Energy Services Ltd. was Downgraded by KLR Group to ” Hold” on Apr 20, 2016. C&J Energy Services Ltd. was Downgraded by Seaport Global Securities to ” Neutral” on Apr 19, 2016. C&J Energy Services Ltd. was Initiated by Nomura to “Neutral” on Apr 8, 2016.
On the company’s financial health, C&J Energy Services Ltd. reported $-0.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on May 10, 2016. Analyst had a consensus of $-0.70. The company had revenue of $269.60 million for the quarter, compared to analysts expectations of $307.53 million. The company’s revenue was down -32.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.12 EPS.
C&J Energy Services Ltd. opened for trading at $1.23 and hit $1.28 on the upside on Tuesday, eventually ending the session at $1.07, with a gain of 4.90% or 0.05 points. The heightened volatility saw the trading volume jump to 25,68,799 shares. Company has a market cap of $129 M.
In a different news, on Nov 13, 2015, Donald Jeffrey Gawick (COO) purchased 11,000 shares at $4.50 per share price. According to the SEC, on Nov 12, 2015, Theodore R. Moore (EVP & General Counsel) sold 38,618 shares at $5.12 per share price. On Mar 6, 2015, Michael A. Mccoy (officer ) sold 5,000 shares at $13.03 per share price, according to the Form-4 filing with the securities and exchange commission.