A Director at Cypress Energy (NYSE: CELP) is Buying Shares

By George MacDonald

Yesterday, a Director at Cypress Energy (NYSE: CELP), Cc Stephenson, bought shares of CELP for $21.11k.

In addition to Cc Stephenson, 5 other CELP executives reported Buy trades in the last month. Cc Stephenson increased his holding by 1.16% to a total of $14.03.

The company has a one year high of $18.09 and a one year low of $7.35. Currently, Cypress Energy has an average volume of 24.39k.

Three different firms, including Janney Montgomery and Raymond James, currently also have a Buy rating on the stock.

Looking at blogger coverage of CELP, there is a 66% Bullish tendency on the stock, in relation to a 71% average bullish tendency within the Materials sector.

Over the last 3 months, the insider sentiment on Cypress Energy has been positive based on 17 corporate insider transactions. This sentiment is slightly higher than the average sector sentiment of insiders.

Cypress Energy Partners LP provides saltwater disposal and other water and environmental services to U.S. onshore oil and natural gas producers and trucking companies.