Western Energy Services (OTCMKTS:WEEEF) Shares Up 5.5% - What's Next?

Western Energy Services Corp. (OTCMKTS:WEEEF - Get Free Report) shares shot up 5.5% during trading on Monday . The company traded as high as $2.15 and last traded at $2.15. 900 shares traded hands during trading, an increase of 8% from the average session volume of 836 shares. The stock had previously closed at $2.03.

Western Energy Services Stock Performance

The stock has a 50 day simple moving average of $2.09 and a 200 day simple moving average of $2.03. The company has a market cap of $72.59 million, a price-to-earnings ratio of -10.21 and a beta of 0.89. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.36.

Western Energy Services (OTCMKTS:WEEEF - Get Free Report) last issued its quarterly earnings data on Tuesday, July 23rd. The company reported ($0.11) EPS for the quarter. Western Energy Services had a negative return on equity of 2.41% and a negative net margin of 3.32%. The company had revenue of $31.45 million for the quarter.

Western Energy Services Company Profile

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.

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