Western Energy Services Corp. (TSE:WRG) Insider Buys C$60,000.00 in Stock

Western Energy Services Corp. (TSE:WRG - Get Free Report) insider Sime Armoyan purchased 25,000 shares of Western Energy Services stock in a transaction that occurred on Tuesday, February 18th. The stock was purchased at an average price of C$2.40 per share, with a total value of C$60,000.00.

Sime Armoyan also recently made the following trade(s):

• On Thursday, February 13th, Sime Armoyan purchased 25,800 shares of Western Energy Services stock. The stock was purchased at an average price of C$2.50 per share, with a total value of C$64,500.00.
• On Friday, February 7th, Sime Armoyan purchased 200 shares of Western Energy Services stock. The stock was purchased at an average price of C$2.50 per share, with a total value of C$500.00.
• On Wednesday, February 5th, Sime Armoyan bought 700 shares of Western Energy Services stock. The shares were bought at an average price of C$2.50 per share, with a total value of C$1,750.00.
• On Monday, January 27th, Sime Armoyan bought 6,300 shares of Western Energy Services stock. The shares were bought at an average cost of C$2.50 per share, for a total transaction of C$15,750.00.
• On Monday, December 30th, Sime Armoyan purchased 4,600 shares of Western Energy Services stock. The stock was bought at an average price of C$2.50 per share, for a total transaction of C$11,500.00.
• On Friday, December 27th, Sime Armoyan bought 400 shares of Western Energy Services stock. The stock was purchased at an average cost of C$2.55 per share, for a total transaction of C$1,020.00.
• On Friday, December 20th, Sime Armoyan bought 400 shares of Western Energy Services stock. The stock was purchased at an average price of C$2.55 per share, with a total value of C$1,020.00.
• On Tuesday, December 17th, Sime Armoyan bought 1,300 shares of Western Energy Services stock. The stock was purchased at an average price of C$2.47 per share, with a total value of C$3,206.06.

Western Energy Services Price Performance

Shares of Western Energy Services stock remained flat at C$2.37 during midday trading on Friday. The stock has a market cap of C$80.20 million, a price-to-earnings ratio of -11.29, a PEG ratio of 0.09 and a beta of 1.49. The company has a current ratio of 1.82, a quick ratio of 1.46 and a debt-to-equity ratio of 37.49. The company has a 50 day moving average of C$2.63 and a 200 day moving average of C$2.73. Western Energy Services Corp. has a 12 month low of C$2.35 and a 12 month high of C$3.31.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on WRG shares. ATB Capital set a C$3.25 target price on shares of Western Energy Services and gave the company a "sector perform" rating in a research report on Wednesday, January 15th. Atb Cap Markets upgraded shares of Western Energy Services to a "hold" rating in a research report on Wednesday, January 15th.

About Western Energy Services

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment. The Production Services segment offers well servicing rig and related equipment, as well as rental equipment services.