Western Energy Services Corp. (TSE:WRG) Insider Buys C$31,820.00 in Stock

Western Energy Services Corp. (TSE:WRG - Get Free Report) insider Sime Armoyan bought 14,800 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was bought at an average price of C$2.15 per share, with a total value of C$31,820.00.

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

• On Thursday, March 6th, Sime Armoyan purchased 75,700 shares of Western Energy Services stock. The shares were acquired at an average cost of C$2.10 per share, with a total value of C$158,970.00.
• On Tuesday, March 4th, Sime Armoyan purchased 5,000 shares of Western Energy Services stock. The shares were acquired at an average cost of C$2.30 per share, with a total value of C$11,500.00.
• On Friday, February 28th, Sime Armoyan purchased 200 shares of Western Energy Services stock. The shares were acquired at an average cost of C$2.35 per share, with a total value of C$470.00.
• On Wednesday, February 26th, Sime Armoyan bought 800 shares of Western Energy Services stock. The shares were purchased at an average cost of C$2.35 per share, with a total value of C$1,880.00.
• On Monday, February 24th, Sime Armoyan bought 13,100 shares of Western Energy Services stock. The shares were purchased at an average cost of C$2.35 per share, with a total value of C$30,785.00.
• On Tuesday, February 18th, Sime Armoyan purchased 25,000 shares of Western Energy Services stock. The stock was bought at an average cost of C$2.40 per share, with a total value of C$60,000.00.
• On Thursday, February 13th, Sime Armoyan purchased 25,800 shares of Western Energy Services stock. The stock was bought at an average cost 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 bought at an average cost of C$2.50 per share, with a total value of C$500.00.
• On Wednesday, February 5th, Sime Armoyan purchased 700 shares of Western Energy Services stock. The stock was bought at an average cost 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 acquired at an average cost of C$2.50 per share, for a total transaction of C$15,750.00.

Western Energy Services Trading Down 0.9 %

TSE:WRG traded down C$0.02 on Tuesday, reaching C$2.19. 3,200 shares of the company's stock were exchanged, compared to its average volume of 16,522. The company has a quick ratio of 1.46, a current ratio of 1.82 and a debt-to-equity ratio of 37.49. The firm has a market capitalization of C$74.11 million, a price-to-earnings ratio of -10.43, a price-to-earnings-growth ratio of 0.09 and a beta of 1.49. The business has a fifty day moving average of C$2.52 and a 200-day moving average of C$2.65. Western Energy Services Corp. has a 52-week low of C$1.85 and a 52-week high of C$3.31.

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Analyst Upgrades and Downgrades

Several brokerages have issued reports on WRG. ATB Capital set a C$3.25 target price on shares of Western Energy Services and gave the stock a "sector perform" rating in a research note on Wednesday, January 15th. Atb Cap Markets raised shares of Western Energy Services to a "hold" rating in a research note on Wednesday, January 15th.

About Western Energy Services

Western Energy Services Corp operates as an oilfield service industry in Canada and the United States of America. The company functions its drilling services through two segments namely, Contract drilling and Production services. Its contract drilling segment is involved in drilling rigs with ancillary equipment as well as provides such services to crude oil and natural gas exploration and production companies.