Western Energy Services Corp. (TSE:WRG) Insider Sime Armoyan Acquires 6,300 Shares

Western Energy Services Corp. (TSE:WRG - Get Free Report) insider Sime Armoyan acquired 6,300 shares of the stock in a transaction dated Monday, January 27th. The shares were bought at an average cost of C$2.50 per share, with a total value of C$15,750.00.

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

• On Monday, December 30th, Sime Armoyan acquired 4,600 shares of Western Energy Services stock. The stock was purchased at an average price of C$2.50 per share, for a total transaction of C$11,500.00.
• On Friday, December 27th, Sime Armoyan bought 400 shares of Western Energy Services stock. The shares were purchased at an average price of C$2.55 per share, with a total value of C$1,020.00.
• On Friday, December 20th, Sime Armoyan purchased 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 Tuesday, December 17th, Sime Armoyan acquired 1,300 shares of Western Energy Services stock. The stock was acquired at an average price of C$2.47 per share, for a total transaction of C$3,206.06.
• On Friday, November 15th, Sime Armoyan purchased 200 shares of Western Energy Services stock. The stock was acquired at an average cost of C$2.52 per share, with a total value of C$504.00.
• On Tuesday, November 5th, Sime Armoyan acquired 100 shares of Western Energy Services stock. The shares were bought at an average cost of C$2.50 per share, for a total transaction of C$250.00.

Western Energy Services Stock Performance

Shares of WRG remained flat at C$2.50 during mid-day trading on Friday. The company's 50-day moving average price is C$2.66 and its two-hundred day moving average price is C$2.78. The stock has a market cap of C$84.60 million, a price-to-earnings ratio of -11.90, a price-to-earnings-growth ratio of 0.09 and a beta of 1.49. Western Energy Services Corp. has a 52 week low of C$2.43 and a 52 week high of C$3.31. The company has a debt-to-equity ratio of 37.49, a quick ratio of 1.46 and a current ratio of 1.82.

Western Energy Services (TSE:WRG - Get Free Report) last posted its quarterly earnings data on Tuesday, October 29th. The company reported C($0.04) EPS for the quarter. Western Energy Services had a negative net margin of 3.45% and a negative return on equity of 2.40%. Sell-side analysts anticipate that Western Energy Services Corp. will post 0.1499094 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages recently commented on WRG. ATB Capital set a C$3.25 price target 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 upgraded Western Energy Services to a "hold" rating in a research 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.