Why did CET.TO stock spike in pre-market trading?

The spike shows heavy trading interest with **283,250** shares versus average **59,748**. Large relative volume and a gap from prior close suggest a news catalyst, block trade, or reopening after a halt. Confirm with company filings for the exact cause.

What is the short-term valuation picture for Cathedral Energy Services Ltd.?

Short-term valuation shows PE near **11.67**, EV/EBITDA **4.52**, and price-to-sales **0.40**. Those metrics indicate a low sales multiple but require confirmation from cash flow and contract visibility.

What does Meyka AI forecast mean for CET.TO investment decisions?

Meyka AI's forecast projects **C$5.41** in one year, implying **-14.21%** versus current price. This model-based projection is a reference point, not a guarantee. Use it with fundamental and news verification before acting.

CA Stocks

CET.TO Cathedral Energy Services Ltd. (TSX) pre-market C$6.30 on high volume 20 Feb 2026: monitor targets

ByHuzaifa Zahoor February 20, 2026February 20, 2026

We see CET.TO stock trading at C$6.30 in pre-market on 20 Feb 2026, up C$5.41 from the prior close on unusually heavy volume. Volume is 283,250 versus an average of 59,748, a 4.74x surge that marks this a high volume mover on the TSX. The gap from the prior close C$0.89 to the open C$0.89 and intraday high C$6.30 suggests a market reaction ahead of public detail. We cover the trade drivers, valuation, Meyka grade, price scenarios, and key risks for Canadian investors.