Western Energy Services Corp. (OTCMKTS:WEEEF - Get Free Report) was the target of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 400 shares, a decline of 42.9% from the October 15th total of 700 shares. Based on an average daily volume of 1,700 shares, the short-interest ratio is currently 0.2 days.
Western Energy Services Stock Performance
Shares of OTCMKTS WEEEF remained flat at $1.99 during mid-day trading on Wednesday. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.35. The firm's 50-day moving average is $2.06 and its two-hundred day moving average is $2.04. Western Energy Services has a 1-year low of $1.80 and a 1-year high of $2.37.
Western Energy Services (OTCMKTS:WEEEF - Get Free Report) last issued its quarterly earnings data on Tuesday, October 29th. The company reported ($0.03) earnings per share (EPS) for the quarter. Western Energy Services had a negative return on equity of 2.37% and a negative net margin of 3.19%. The firm had revenue of $42.77 million for the quarter.
About Western Energy Services
(
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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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