Western Energy Services (TSE:WRG) Stock Passes Above 50 Day Moving Average of $2.90

Western Energy Services Corp. (TSE:WRG - Get Free Report)'s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$2.90 and traded as high as C$3.18. Western Energy Services shares last traded at C$3.18, with a volume of 325 shares changing hands.

Western Energy Services Trading Up 5.0 %

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 50 day moving average of C$2.90 and a 200 day moving average of C$2.79. The firm has a market cap of C$107.61 million, a PE ratio of -15.14, a P/E/G ratio of 0.09 and a beta of 1.52.

Western Energy Services (TSE:WRG - Get Free Report) last posted its quarterly earnings data on Tuesday, July 23rd. The company reported C($0.15) EPS for the quarter. Western Energy Services had a negative net margin of 3.45% and a negative return on equity of 2.40%. The firm had revenue of C$43.03 million during the quarter. Equities analysts anticipate that Western Energy Services Corp. will post 0.1499094 earnings per share for the current year.

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.