Western Energy Services Corp. (TSE:WRG) Insider Purchases C$64,500.00 in Stock

Western Energy Services Corp. (TSE:WRG - Get Free Report) insider Sime Armoyan bought 25,800 shares of Western Energy Services stock in a transaction dated Thursday, February 13th. The stock was purchased at an average price of C$2.50 per share, with a total value of C$64,500.00.

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

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

Western Energy Services Stock Performance

Shares of TSE WRG traded down C$0.12 during midday trading on Tuesday, reaching C$2.38. The company's stock had a trading volume of 51,182 shares, compared to its average volume of 5,326. The company has a debt-to-equity ratio of 37.49, a current ratio of 1.82 and a quick ratio of 1.46. The stock has a market capitalization of C$80.54 million, a P/E ratio of -11.33, a PEG ratio of 0.09 and a beta of 1.49. The firm has a 50 day moving average price of C$2.64 and a 200-day moving average price of C$2.75. Western Energy Services Corp. has a 12-month low of C$2.35 and a 12-month high of C$3.31.

Wall Street Analysts Forecast Growth

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

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.